Well said comments on the value of a real estate wholesaler...Wholesalers have specific skills related to "turning over rocks" and finding great deals.Investors that don't spend their time doing that reap the benefits of immediate access to deals.A great way to increase your value and minimize arguments as a wholesaler is to simply be transparent.

I've seen some courses that are absolutely worthless, and I've seen some that if followed you could build a thriving real estate business just from following the course.Now can that information or most of the information be obtained for free or for minimal costs through this and other forums, books, and charity mentoring?

If the seller is already late on their payments, and about to be foreclosed, the risk is minimal.

I must say , State farm has been GREAT with our policy since the fire, we had a good policy ,and they paid out quite well considering how minimal we thought our fire was.In my case , the insurance company has a law firm who goes after the responsible party, and tries to get $$$ from their insurance company.

Please let me know so I can fix any errors.Sorry to interrupt.

I think minimal would have been better wording.

I knew what repairs needed to be made (minimal cosmetic), and I knew that the expenses would be 45% to 50% once I got the building stabilized.

In Raleigh we had quite a run in 2003 where we would buy a "lightly worn" property ($63K), fix it up to retail condition to minimize maintenance ($14K), rent it ($900/month), then refinance it with a new mortgage ($77K.)

Its the easiest way to minimize your risk in a transaction.

At the time, it needed minimal amount of work(some paint, clean-up, there was a few tiles missing in the bathroom, but he had it).