Im fairly new to these forums and very new to the world of real estate.

Find out what the fmv (fair market value) is for those homes so you know how much you stand to make on each deal. 5.

Matty is right in that the lenght of your credit history is key in maintaining a good credit score.

I am fairly new but what i have so far in my learning is that u can pretty much find comps anywhere but that doesn't mean there actuate, and as far as estimating in some book and programs they tell u to pick a number, for example what i have learned is that depending apon the shape of the house going from ugly to real ugly to junk 10,000, 20,000, to 25000 and also depending apon the size needing to be in the area of 1000 to 2000 square feet then to take these unreliable number in to this formula ARVx70%-repairs = MAO and back off slightly for profit now like i said i am new so ,but i do know this is complelely dumb for me use do gurus bring your answers and add your knowledge or subtract from this and tell us newbies how to correctly run the numbers and come up with offer that guarantees u money even if u have to flip the deal over to and end user of course that is if it sales lol...

In many states, single member LLCs do not provide this kind of protection.If you are the only member of the LLC the court can and often does seize assets from the LLC to enforce a judgment.The best way to protect yourself from personal liability is...1) Don't screw people2) Maintain liability insurance - an umbrella policy is very cheap.YMMV of course.

Many people will tell you that you can increase the rent and apply some of it towards the purchase price each month in exchange for the tenant maintaining the property.

I've been talking and getting to know a real estate agent in my area, she is a fairly new agent so I am training her on what properties I am looking for.

Property Taxes And Insurance A collection company can also help you make sure that the property taxes are paid current and that insurance is maintained on the property.

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Fair.