The point is, wholesaling is not here to make a million, it is just here as assistance to the guys who are doing the bigger investing.

You screw up tens of thousands or hundreds of thousands or millions of dollars and it's a different ballgame.

It doesn't matter if you're dealing with a multi-million dollar investor or a renter; the #1 thing is each of them is people!

But the rest of the year is misery.One time, while visiting Florence, OR, in the summer, we were met with overcast skies, fog, mist, temps in the 60's, and a beach covered with millions of dead rotting jellyfish.

The property value on each has appreciated by over $2 million and he feels pretty smart about his investments and has tried to convince me to buy something there.But every time I look at Singapore property prices, I am reminded of Tokyo in the late 1980s.

One more --If you have cash and or partner with cash --say $1.0 million plus--you can specialize in Luxury homes Wholesaling --Over $500,000 --there is no Seasoning required --because it does not have to meet FHA / Govt guidelines - also that's going up --from 6 % in 2009 to almost 13% in 2010 - taht are now 90 days behind on mortgage and will be more coming soon --buy $850,000 house for $550,000 cash and sell for $650,000 in 30 days --usually very little rehab is required --

All 50 states - residential in this category: new construction of entire housing developments, condos, etc.They have minimums- starting at a few million and up.

(Meaning, let me invite you to lunch and ask you a million questions. haha) Thanks in advance!

The best ones I read were Steve Berges's "The Complete Guide to Buying and Selling Apartments" and David Lindahl's "Multifamily Millions".

If you read my other thread, detroits liabilities like belle isle have been turned over to the state and they are getting 2 million a year now for the lease.