Watch the procedure for rehabbing and flipping and maybe clean up, put away tools or some light demo would help.

I checked with the FCA who regulate us and asked whether I would need to be under their supervision whilst being a wholesale real estate broker.The idea recently came to light after looking into doing some online coaching with a successful US Wholesale broker called Mark Whitten.Wondered if any of you had been successful in the UK with some deals?

For full disclosure, Jeffery has PMed me in the past and we have been discussing the topic lightly and I asked him to post his question, he gave me this thread that had gone unanswered.

It's the lighting.

Knowing that the experience in rehabbing (almost non-existent in my case) can make or brake potential funding for a project, I started to think up ways to overcome the problem or give it a different light.

I have a vacant property in North Philly that I installed an alarm system and a couple flood lights so copper thieves don't get in.Other problems with North Philly:Bad School District (well Philly in general has bad School Districts)Crime (both soft and hard)Drugs, my friend saw a man in a suit selling "pizzas" in the middle of Broad Street.

Landlord told Tenant at one time he wanted him to park BOTH vehicles at the very back of property where there was no night lighting and was approximately 50 yards from front entrance to the house.

Renovation The plan was to gut and rebuild the kitchen and bathrooms, replace/refinish all of the flooring, replace all of the lighting, repaint, complete extensive landscaping and other odds and ends.

Easier;Start by putting lots of bright lighting in around the property with motion detectors, while removing excessive shrubs to make it feel really exposed to enter the property - 20+ feet of walking in wide-open, exposed, well-lit pathway-- more if possible.

Some markets are easier to determine what part of the cycle they are in, but others are a bit more challenging.Usually, you're on to something if you can find markets that look promising but aren't in the lime light yet (e.g. they aren't known by everyone).