Working with brokers/agents who specialize in that asset class and are also investors is even better.Lot's of overpriced and marginal properties out there in multifamily as well.

Scott The Book on Flipping Houses,The Book on Estimating ReHab Costshttp://www.biggerpockets.com/flippingbookConsider checking out HUD homes for small multi's owner occupied gets first crack.You might consider Niche or Specialized Housing like student housing.

So, yes - sites like Zillow and Trulia do get most of their info from the MLS, as they have a special license to do so.

That is not a problem.If neither of you have special unique skills I would recommend that each of you run your business separately.

Hi Everyone,

I am a new member to BP from Orange County, CA. My husband and I established an LLC in 2012 but have suffered from "analysis paralysis" since then. Our goal for 2014 is to begin to build a port...

Scott The Book on Flipping Houses,The Book on Estimating ReHab Costshttp://www.biggerpockets.com/flippingbookConsider checking out HUD homes for small multi's owner occupied gets first crack.You might consider Niche or Specialized Housing like student housing.

Scott The Book on Flipping Houses,The Book on Estimating ReHab Costshttp://www.biggerpockets.com/flippingbookConsider checking out HUD homes for small multi's owner occupied gets first crack.You might consider Niche or Specialized Housing like student housing.

Scott The Book on Flipping Houses,The Book on Estimating ReHab Costshttp://www.biggerpockets.com/flippingbookLocate and attend 3 different local REIA club meetings great place to meet people gather resources and info.You might consider Niche or Specialized Housing like student housing or vacation rentals.

It takes a lot of homework to get prepared.

There will be an escrow or attorney that will prepare the deed and will disperse their fundsIf it's a great deal at $10K buy it today for $10K.