thanx for the comments, well I met someone called Emanuel who is in charge of supplying my mentor with the properties, houses, my mentor and Emanuel said that one cannot be lazy in this business, that you can make it if you have what it takes to be as hungry.I spoke to him through the day because after we finished checking the house Alfredo (my teacher) was remodeling we went to see another house that Alfredo's brother had finished, but he was having problems with the RE agent because he hadn't sold it yet, why?

I have been learning about investing and have joined a REIA group.My main interest is flipping properties as an investor.

Check with any of the big apartment associations and you'll find that these numbers are right on the money.What happens when you hear people claim inflated cash flows is that they are ignoring real world expenses, such as evictions, legal fees, lawsuits, captial expenses (not really an operating expense), advertising, office supplies, exterminations, etc.

:clap: The main strategy will be credit card debt restructuring, and a portion of the fund will be given to me to trade for them.

flipping houses your main interest, maybe some longer term rentals?

I've seen that before, but its usually in 1 factory towns where the one main job source leaves.

I agree with gfw, the main concern of the agent is going to be whether you are wasting his or her time.

My main goal for this next year is to expand my operations into at least one nearby city, probably Lubbock, TX.

The basic numbers I see are usually:Purchase Price- price you pay for the propertySelling Price - amount you will sell the property for (not necessarily what you will list it for)Holding Costs- monthly payments, insurance, utilities, points paid upfrontRE Agent Commission - agent's commission on the sale of the property (commission on the purchase of the property is considered paid by the seller)Rehab costs - total expenses used in rehabbing the property from lawn, paint, permits, property inspection, contractors, supplies, etc.Profit - the amount you must make to take the dealIf you take the selling price and first subtract the purchase price, then subtract the expenses (holding costs, agent commission, rehab) you should have your Profit amount.

(share drive or its own main rd frontage?)