Once again, if this isn't clear people will be all over the map and the lack of focus could mean lost opportunities.Expect, demand, do not compromise on excellence, hard work, integrity, and loyalty.Be the boss - When you hire A-type people they will be used to leading and taking over but you always make sure that you give them power but let them know the final authority rest with you and you are the boss.Building a team is easy, building a great team is really hard.

Thanks @Cuong Le its nice to finally run into a fellow Houston resident on here.

If the conservative financials look good, there is upside potential rather than being too optimistic and never hitting the analysis numbers.This site has a lot of info about using 50% of rent as an expense factor, as a method or at least another gut check.

Ultimately, you need to convince the seller to sell to you, and if you're wholesaling, you need to convince the agent not to talk the seller out of selling to you (the seller has the final say, but most sellers will listen to their agent's recommendation).In the end, you'd have to have the seller agree to sell to you, and the agent would still be involved on the seller's side and collect their commission.

I've been a long time lurker and have finally decided to start investing in real estate.

purchase price 30k

25% down @ 5% 30 fix

3 plus one SFH built in 1954 new roof, ac, windows, ktichen cabs, counters

1000sq ft

Corner Lot 9000+ sqft

700 garage/steel building...

Just keep in mind this point - DO NOT PAY HIM THE FINAL PAYMENT until you have lean releases from him and know that his subcontractors and suppliers are paid in full!

I finally took action and activated my real estate license...I passed the exam last summer, but took some time to find a broker.

It is up to your imagination and finally the money.I have made money selling to a builder or doing it myself because in my area at the time it saved almost $28k in fees to tear down to the foundation if need be.

You will have some basic statistical analysis that will be explained in class, you don't need statistics class.