Be sure to be responsible and conservative in your risk/reward factoring, and don't fall into the trap of trusting someone else's decisions or loan ratios for your financial security.Saying that reminds me of a local wholesaler that doesn't know a good deal when he sees one.

These cycles are in different stages in different areas of the country and so in some locations, it's perfect to be flipping properties because the market is still strong and values are not falling apart like they are on the coasts.

I'd have to say my Grandma got me interested...Read my BiggerPocket article on how my Grandma got me startedWhat Grandma Taught Me About Real Estatehttp://www.biggerpockets.com/renewsblog/2008/06/23/what-grandma-taught-me-about-real-estate/I continue because I can do some good for foreclosure victims...and it's the only retirement vehicle that will keep pace with inflation.Our favorite holding period is forever.

I guess I fall back on my favorite saying: THE MORE YOU KNOW, THE MORE YOU DON'T KNOW"... ever so true when you open yourself up to learning more.

I wouldn't tie myself to a buyer with a ridiculous close date, or one with many contingencies, but how do I go about making sure that if I agree to sell to them, I won't be stiffed later with financing fall through or some other such detail?

hi all,i am new to the rental market and was thinking of acquiring and renting my first property. i have done some analysis and am waiting for the right time to acquire a property. is this the best time or should i wait longer considering the market will fall further. what is the outlook in the nect 6 mnths to a yrthanks,vik

Now i know you say that it is going to be your primary residence, but some advice I got was "fall in love with the deal, not the house" Unless it is your possible dream house I would make an offer and if they dont accept it then move on

The bottom line is being a locator is a tremendous opportunity for many individuals.Typically, locators fall into one of four categories.

The FTC asked that as many victims as possible contact them so that they can proceed better against Chip.

I'm sure plenty of people have made money going through these programs, but I sure as heck am not going to pay $9k-$63k for seminars and "mentoring" from people who have been investing for less than 5 years.Mad at myself for falling prey, but glad I made it out with only $495 spent.