Flips: recommendations on private investors that don't cost an arm and a leg?

I'm currently looking to get my feet wet in wholesaling and I'll be turning to BP to arm myself with the knowledge to do so.

(We have 15 units.)I also maintain vendor files.I keep reference materials in separate files/notebooks/drawers for Washington Landlord-Tenant Law, Housing Authority (Section 8), Police/Sheriff Partnering, Fire Marshall-Fire Safety, Tenant Screening Resources, Utility Companies, Rental Association, Legal Counsel, Partnership Minutes, Education Courses we took, etc.I keep a notebook record of standard materials we use, written descriptions including paint samples, flooring samples, etc. with some photo examples.We store and organize most of the property photos in the computer in iphoto.We produce our marketing materials in the computer, such as business cards and advertisements.We keep hard copies of the bank statements, credit card statements, mortgage statements and purchase agreements in binders and archive them at the end of the year.Our bookkeeping is on the computer in Quicken, which allows us to easily look things up, categorize and send electronically to our tax preparer at tax time.Our tax preparer files electronically, keeps an archive record and each year delivers to us hard copies of our tax documents in a labeled folder, which we store in a filing cabinet.We also have a small library of reference books, magazines, newsletters, etc.That's most of it.

@Sam McClellanTake an expert with you.Go to IREM.org search for ARM certified property managers.

Depending on the language of the specific arms length affidavits later required, you could still be technically violating some "no agreements exist to transfer an interest in/title to this property....".

You can't expect the contractor installing or servicing any major system in your buildings to be performing safety and performance tests unless they are clearly specified in the work-scope and the contractor is properly certified to do the tests.Consider this scenario:The gas furnace stops working and the HVAC contractor sells you on getting a new safer high efficiency unit.

I've been very encouraged recently by the younger people I've had discussions with (late 20s, early 30s) as they really seem to understand fiscal responsibility along with protecting social freedoms while understanding the need for a minimal safety net for the less fortunate, are focused on improving their country, and I like the direction they are headed in.

You will need to speak with zoning, building and safety, the fire department, and possibly other government agencies.

Here you will meet wholesalers who provide deals and all the cash buyers (rehabbers) you will need.To find out about local areas go to IREM.org search for ARM certified property managers.

OUCH I can't remember the name but the investment arm of Lennar which has bought billions of dollars worth of bad paper is systematically working through their debt like this.