Listen to William as he is an experienced professional when it comes to 1031 exchanges.There is no need to do a 1031 if you are prepared to pay the tax bill.

Otherwise, I'd recommend asking some of the more experienced rehabbers on site (look at the rehabbing areas of the forum) for their advice.

Real estate has experienced the first extreme, now we're about to see the latter extreme.

That contractor will normally be extremely experienced in this type of work and will probably be able to do 90% of what an inspector does anyway.Keep in mind also that a smoking wholesale deal does not last long enough for an investor to have an inspection done.

I am also involved with my very first "Short Sale" and experienced alot of upfront concerns with getting someone in that department to talk with me.One of the keys is to make sure that the person that you are tryig to buy the home from provides the lender with a "Letter of Authorization" to speak with you regarding this property.

I'm currently employed as a computer system engineer but have purchased 3 investment houses in the past 5 months.

I'm looking for Property data sites that have REO, NOD, and NOT information.I have just joined and have been trying to read from a few of the sub-forums I am experienced and need assistance with in the past couple days.I definitely will be joining in!

I've come to the conclusion that we're almost always going to be not-so-great in all things that we are not experienced in.

Just wanted to know how experienced REI have found there properties?

Hello,Let me introduce myself first; My name is Ben, I am an electrical engineer, MBA student, and small-time entrepreneur in Cincinnati Ohio.