Find the hot buttons and trade price for terms.

A little info about myself … I’ve spent the last 4.5 years leasing and managing residential apartment communities for a publicly traded REIT.

Actually, I prefer vacant houses with no sign whatsoever - yes, I find them by driving around.For AOs, out of state is better, but we send to in-state as well.

In terms of being greedy, there's always a trade-off when it comes to be being greedy.

I am an accountant by trade outside of my real estate activities and I have simultaneously mainted the books at companies that used QB online versus QB desktop.

With inspectors and trade pros on some of the visits.

In most cases, it's not cashflow that they are seeking, it's appreciation followed by "trading up" (sell and buy bigger at the shore).As for taking chances with prohibited activities from your SD-IRA - there are many BP members who have posted that you risk your entire IRA becoming taxable income whne you engage in those prohibited transactions, so don't even think about it!

I see this stuff trading at 35-50% of the UPB.

I am with most everyone else, I had no expierence whatsoever when I started reading, developing a business plan, etc.

Aaron,I am not a wholesaler by trade, but an REO rehab flipper and I do, on occassion, wholesale some property.