Basically, it means you must spend at least 750 hours/year doing real estate related activities, or more hours than you spend doing anything else.

He has stated that his main objective is to assist me in eliminating my personal debt and get me into my own home w/in 5 years, sooner if possible, and that profits on his end are secondary to him (I know, amazing friend).

I know that's a no-brainer, but its what the ENTIRE concept of wholesaling is based on.Price overcomes ALL objections.But the markets slow and the mortgage industry is falling apart, well price overcomes ALL objections.

Then we could have personal meetings, but that takes a lot of time, so it becomes relatively expensive.To help me learn more about how I can help new investors (who are serious), would you rather pay more and get personal 1:1 attention; or pay less and get small group attention (like 30 in a group)?

Yes, it assumes an investor who wants to keep churning for optimized return -- nothing wrong with sitting back, relatively speaking, and getting a somewhat smaller return.I was most interested in the IRR sale computations because the loans I've found for commercial properties were very tight (as in didn't allow it at all) on getting a second to get cash out.

Friends of mine visited relatives in Ft.

Every news channel, newspaper, and district attorney is looking for their next mortgage related press release.FBI = Federal = Jail = No Fun!

Take your list and try each system such as electrical switches, plumbing fixtures, look under sinks, check the attic and basement, etc.Also, you could go find a large bookstore that sells real estate investor related books, find one that deals with rehabs and sit down with a Starbucks and read for free.

Had to move here fast, to move elderly relatives in with us, which owner was aware of.

I have mentioned this deal before: Neighbor needs cash flow, her home is paid for but a reverse mortgage for her small home doesn't give her enough income nor is it worth while with all of the expenses related to doing it conventionally.