With REO's so abundant and cheap, there is very little reason to spend time with other ventures like short sales.

Now I understand why I have always had to be fully involved in every one of my business ventures to be successful.

Thanks JCC, sounds like the best avenue to go on this venture...

Good Luck in your real estate ventures. .

Taxes aren't a DIY game when you have questions like this.Any dollar of expenditure either goes into your basis or is deductible or is capitalized.

This house was a mess, but you can negotiate steep discounts with the bank on unlivable properties.The Joint Venture - Another deal I closed with Nick.

- Created a new business venture - transactional funding, created our "Make me an Investor" program which has been a great success, was successful in each of our REO rehab flips, built a strong team for our short sale investing strategies in several locations, spent quality time with my family throughout the year, made friends and family money through my business ventures, and gave back much of my knowledge both in my work here on BP, through my live presentations in front of groups and clubs, and through our educational program.

All DIY for me, probably eight hours total for rebuilding the sink base, replacing the drawer fronts and refinishing everything.

Dear Friends,I am from Colorado (Denver area) venturing into my first fix-and-flip.I was browsing through various forums when I found this great place.

:Congrats I am still new to the site but it seem to be a great place for exposure Exposure is the small part, the business, joint ventures and money you can make is teh important aspect.Education is key and BP has it.