If you think the figures are not entirely correct back into the price you offer for the property.

The correct approach is to look at all the solds in your area, look at the actual price including all the concessions, and then price to be the best deal.I see you've priced it right about the zillow zestimate.

You rightly pointed out there was no actionable information in there about how to actually protect yourself when wholesaling.That oversight is being corrected and the article will be updated.Originally posted by Mr_Investor:Here is a clause I have in my assignment contract: Assignee agrees to stand in the place of Assignor, and agrees to indemnify and hold harmless Assignor from and against any claim or action which may hereafter be brought or asserted by Seller against Assignor arising under or by virtue of the Agreement That should be sufficient protection against any litigation that comes across your way.Actually, probably not.

MLM stands for Multi Level Marketing and it is a good business model when done correctly and ethically.

Jon -Correct me if I'm wrong, but I believe that's if the rental has been held for less than 1 year.

Essentially Lis Pendens are no longer kept at the County Records Office.Is this correct?

Countrywide has to go back to the foreclosure atty. to get a corrective deed and vested into the right entity.

However, the correct accounting is that the tenant owes you $500 for the month, but the new tenant is covering $300, leaving the old tenant only owing $200 to make up their full obligation.

I would not go as far as to say that flipping, rehabbing, etc is not investing, but Tracey makes some very valid points and I agree.Buy and hold is the single most reason of wealth creation and when done correctly. can provide not only the net worth aspect, but a passive income stream for life whereas flipping and the like require an onging effort to retain an income stream.I think it is the very best way to start, although I also agree one should do a few "flips" (which can be a wholesale deal, sell a contract, rehab project, etc.) to gain some capital for buy and hold acquisitions and reserve accounts.

And if what I heard on the news is correct, small business is the lifeblood of America.