Real estate agents, mortgage lenders, title companies and escrow companies are familiar with harried changes to the HUD-1 closing statement and to mortgage documents, which changes often lead to aggravating delays and additional costs.As of August 1, 2015 our closing table dramas are scheduled to come to an end.The Real Estate Settlement Procedures Act (RESPA), Federal legislation enacted in 1974 to protect consumers from unscrupulous and confusing real estate practices, is changing in several significant ways.

Find a strategy that you love, educate yourself on it consistently, and surround yourself with people who are already doing it.

The older generations did not have computers, cell phones, financial calculators, ...etc, but they had a lot of common practical sense and deeper understanding of life matters.

Hello Everyone,I have been told by a few people that it would be a good idea for me to practice analyzing properties, so that when I am ready to purchase my own, I will be able to analyze it without much difficulty.I have tried to do that, but when I find properties online, the realtor does not include most of the information.May I know how you go about finding property information?

Having the expense already accounted will save your cash flow.Personally, I believe in self-managing at least your first couple of rentals IF it is practical for you. 

That's interesting, I've never even thought about it and don't know the answer, but I think it's fairly common practice to call or text hangups. 

As I've said in previous posts, people that are playing with their own cash can make a lot more money on most deals than those who are having to use some type of financing.And, as for ARV's and wholesalers...if you find a wholesaler who consistently (I'm talking over the course of years) brings you high-quality deals with solid ARV's & rehab estimates, then begin to trust their numbers.  

Practically the entire world is a potential creditor.

Practically the entire world is a potential creditor.  

It only takes one deal...so let's see what happens.This is consistent with what our guys in SoCal found - people there completely ignore them.