So, while it may sound good boasting how much some RE operator is making by buying at a price, how far they carry that claim and how it is used can boil your tail.As Will points out too, it's not impossible to get an REO that doesn't meet the market value definition and get a great deal, but even so, you can't claim any amount earned or made until you actually sell the property, then you can pound your chest and boast how much you really made without deceptions

especially if you're looking at larger, multi-unit buildings - because the consequences of your decision (good or bad) will be multiplied.For example - if you're looking in a market like Detroit (which is hugely affected by the health of the auto industry), you should understand that this carries certain risks with it.

Agents carry a lot of risk in real estate transactions, and they likely do not want to be apart of a sub2 purchase as it likely violates the mortgage or deed of trust.

Generally speaking there simply not going to be very many events where the insurance you carry does not cover you.

Go back to the gold standard?

So, what are some of your prospecting tools, equipment and unique items do you carry in your vehicle?

You may also be calculating numbers differently from the methods used by the investor.The old saying, the person with the gold rules.

He's charged with altering or falsifying records in a federal investigation, a crime that also carries a fine of up to $250,000.

We have a lot of credit cards but never carry balance.

oh and just to clarify, tar is what sticks, it's all the other crap carried by the tar that makes the smell