I can't speak much to her experience level, but I did find out later that she was actually a minor celebrity in the area and was featured on a national reality TV show (not one related to real estate, and I don't want to give away too many details).Also if it matters, I found out during the closing process (which took another 2+ months) that the people who ended up buying the house were investors.  

Passive investing is to be part of an investment team buying larger multi-family property without being the lead investor who will source, negotiate and close the deal. 

Since I have no other sources of passive income, depreciating the property during those months saves me nothing.

An unsecured credit line option can be used to purchase, rehab, and flip real estate, allowing you to leverage resources to do more deals, and increase your bottom line on each and every property.There are source of funds in the market place that our experts have established relationships by auditing banks and compiling a list of those whom lend to businesses without reporting the business owners or investor’s personal credit!

HI Bob,The podcasts have been a huge source of info for me.

The MLS is VERY valuable for housing data and what is selling in a particular area, sales is the lifeblood of any Real Estate Investors business also it's a very good lead source and you can figure out what the market is doing as well.

Hi Bobby- just keep in mind that Hubzu is zero- inspection.Once you win the bid you will have to send a non-refundable deposit.Also, Hubzu normally keeps the reserve price fairly close to the listing price on MLS (maybe around 90% of MLS price).I recommend finding the number you are definitely comfortable with and then setting the auto-bid feature so you don't have to sit there bidding back and forth with other investors.

Let me take a stab at some of our questions:1) You can get your list of potential sellers from multiple different sources, however we get ours from ListSorce.com.

Most professional contractors will have a source that they use for professional building materials.

Your profession should be the source of all the private money you will need.