Here is why: 1.They have let our property insurance coverage under their master insurance policy lapse for 6 months due to non-payment while still deducting from our rents to pay for the insurance premiums, and exposed our properties and tenants to tremendous risks and liabilities.

I mean, a million invested wisely at a young age is going to be worth a tremendous amount.  

Plus the grandmas love giving you some pie with your coffee.RE requires tremendous energy and endurance.

I give a 1% discount to BP members.

You will find this a tremendous resource for all of your real estate needs.

(that means if you got a discounted note, you just had a profit to pay taxes on).If, as a lender you want to own the collateral, take a DIL and avoid title and sale issues.Good luck :) 

@Bryan Hancock       does a tremendous amount of development in Austin...he's likely the best source for guidance on this matter. 

I feel that those sitting on the sidelines and waiting for "massive discounts" may be waiting for a long time.  

@Nick Stango I applaud you for being direct and to the point.The wholesaling formula is pretty straight forward.1) Communicate with a lot of sellers who are ready, willing and able to sell a propert(ies) to you at a significant discount.( Farm list)2) Put it under contract with enough profit margin for what your investors want and still have enough spread for you to make the profit you want. 3) Sell your contracts to ready, willing and able buyers ( Buyers list)4) Cash checksrinse and repeat steps 1-4.Easy?

Basically you befriend the person and continue to grow your businesses together.Don't discount hiring a good team.