It's very true the old saw about a flipper... an investor who puts blood, sweat, toil and tears into a property and upon sale often discovers that he has paid himself less than minimum wage (In some cases, waaayyy less than minimum wage)This is why it can be hard to find deals... if you treat your business as a business and not as a hobby or side job (For me, it isn't.

First, on a probable MH purchase I discovered back taxes for this years and last, totaling $996.

I've followed along on the blogs but just discovered this part of the website.

If not, and discovered during an insurance audit, they will basically charge us the cost of the premium for coverage.

i've been trying to tell you this isn't a cashflowing property..if there isn't much upside on the appreciation (which i really don't see, as it looks like you're getting into the market after other investors have discovered your boom), then there's no point in taking on a break even or negative cash flowing property..you are seriously underestimating expenses...

I discovered my shoes were pooting.

When I looked at buying something in a college town, I quickly discovered there was an area right around the campus that was designated as high density.

One of the annoying "secrets" in this business (that you learn pretty quickly after a few appraisals) is that finishes don't add much in terms of appraisal value.

Today I discovered that Texas now requires 7 (up from 5) 30-hour courses and the licensing exam to be a licensed agent.

I recently discovered that because I now own 6 rentals, NONE of the rentals are covered.