But I do bet hubby becomes much more supportive when your "dream" pays the bills in the house.

I bet most of your questions will be answered - if not, come back and ask a few more questions.Sound good?

Contractors that attend these meetings and set up tables advertising their services are a good bet.

You need to calculate cash flow exactly like you do for any other renter.

I personally think a combination of a quick income producing strategy and a steady income strategy are the best bet to develop wealth in real estate

You best bet will always be to track down motivated sellers directly.

So, I'm not sure that there is any benefit to plugging numbers into a calculator when you could simply use the formula above.

Note that this does not include gasoline:March 19, 2007: $649.00 (course)July 28, 2007: $71.00 (licensure exam)August 6, 2007: $55.85 (calculator)August 10, 2007: $59.50 (fingerprinting)August 13, 2007: $100.00 (E&O insurance)August 13, 2007: $150.00 (license application fee)Sept. 3, 2007: $8.98 (Your Successful Real Estate Career)Sept. 11, 2007: $6.43 (stapler)Oct. 3, 2007: $225.74 (REALTOR dues, application fee, and MLS)Oct. 4, 2007: $188.38 (lock box key)Oct. 4, 2007: $51.84 (electronic measurer and business card magnets)Oct. 5, 2007: $1,229.74 (laptop)Oct. 7, 2007: $75.17 (cellphone)Oct. 13, 2007: $47.68 (additional auto insurance)Oct. 17, 2007: $75.00 (REALTOR ethics class)Oct. 23, 2007: $5.33 (postage)Oct. 28, 2007: $31.14 (laptop case)Oct. 29, 2007: $107.77 (wireless router and pocket notebook paper)Oct. 29, 2007: $46.92 (cards and envelopes)Oct. 30, 2007: $1.23 (postage)Nov. 2, 2007: $2.05 (postage)Nov. 5, 2007: $70.00 (installing router)Nov. 6, 2007: $0.41 (postage)Nov. 12, 2007: $131.30 (cell phone)Nov. 13, 2007: $10.55 (postage)Nov. 16, 2007: $265.00 (Chamber membership)Nov. 16, 2007: $27.00 (PAR dues)Nov. 28, 2007: $0.82 (postage)I've been an agent for two months now, and so far no commissions.

Happy Holidays!

How do we create a value of future potential of a property? This numbers below are for a 12 unit for sale in upstate NY.

Based on rent roll 2% rule means we should look at a purchase price of around ...

That is amazing - and I bet many people on BP would qualify.I also learned mind blowing stuff like: did you know you can 1031 exchange OUT of something you own INTO something you already own?