Hi folks, been stalking this forum for just a bit. I have a lot of catching up to do and am listening to the podcasts as fast as I'm able. I thought I'd post my plans on here to see if this stuff makes sense to you.He...

@Ricky Mai, Account Closed hit the nail on the head regarding reviews!  

I have been searching hard for properties, mostly using MLS and every now and then a heads up on a house coming into the market by my agent.

I would sure rather not have required 8% payments hanging over my head as I concentrate on remodeling and turning around the building. 

Would be nice to dispatch the guy and move on.I think I'll head over to the local Bars Hotel and see if/how I can have a chat with the Mr., make him the offer of solving his lease obligation problem so he's not stuck with this liability when he turns in the jumpsuit.  

I have contacts that are realtors and agents so I have some insider head start on things like expired listings, for sale by owner lists and such.

Once they start jumping, they’ll bump their heads on the jar top.

I could not understand his IT business and basically it was over my head.

However if you aren't incentivizing the broker in any way it's going to be hard for them to wrap their head around loosing out on a commission that comes as a result of a sale.

Instead, it is much better to roll up your sleeves, and diligently hunt for the right deal, be highly selective to make sure you buy a great deal, force appreciation if at all possible, and get in such that you can stay in through thick and thin if you need or choose to ... this will open up multiple exits and tilt the odds in your favor ... heads you win big, tails you win a little, but the house always wins and you're the house ... if you are unable to stack the deck in your favor then the best thing to do is not play the game until you learn enough to from those that do ... people sometimes say that going for appreciation is speculation and if you get it it is only because you are lucky ...