The speaker did give examples on how to make some money putting properties that were in pre-foreclosure into trusts so that then you can take control of them and make a profit.

I use all their cash, and they want a % of the profit.

Because of the limited leads that I am getting I would invest inany sort of deal that makes sense (profitable).

I currently have about $6,000 in my savings account and I plan on using these funds to buy my first property.I've been reading alot of real estate books and although I'm taking in so much info, I still feel a little confused about analyzing profitable deals.

I have depreciated all that I can & because of my current situation tax on them profits will be stinging.Obviously I could do a crap load of upgrades or even expansion, but park is located over 700 miles away in the heart of the Smoky Mountains.Never a vacancy & a waiting list if ever 1 old tenant should pass - Senior all Adult Park - The Real Estate Broker - said SELL SELL - but her formula was 100 - 120 x's the monthly gross rent receipts.

I currently work as a registered guardian for a non profit organization called Guardianship Services.

$400 profit.

Find out the market rent (you have no control over this), subtract the expense, subtract your desired profit and then you have the max payment.

You got the house back (or in this case, the bank got their money back) but you lost profit and now have to go find someone else to do a deal with that may or may not pay on time.

Until you get more of a handle on your unit pricing, you could just establish an hourly wage that covers your time, profit and overhead.