Challenges?

Challenges?

I don't have experience in the Detroit market, but I assume there are plenty of properties available that look great on paper but are going to be a real challenge to manage properly, especially from across the country.

Although, it was only recently that I've challenged myself to avoid eating out this month.

The best protection of assets is to not have any assets to protect, and/or not engage in risky activity. 

I already have a great team of subs, but the biggest challenge I foresee is getting started and obtaining the first 10, 25, 50 doors.Are there any legal issues with paying referral fees for something like this?

@Diane Manders - If you have family in Wilmington then you know it has opportunity, but can also be a challenging place.

Be personal, listen to his story, let him tell you the challenges he faced and how he overcame them.

If you've got a go-to contractor, know how to manage a flip, and it's just the first time you've hit a property with foundation issues, it might be worth paying the month to learn more about monetary exposure on this particular foundation challenge.

Investing in New Orleans is a challenge even for us with experience.