thank you so much for the quick response and for the information.Wheatie thank you for the the information, you have no idea how valuable that was and how it got me in the right direction.

You won't make that much money off the deal, but you could gain some experience and do the next one by yourself.

Likely capital gains will be higher in the future as opposed to lower.

Sometimes you have to wait on them for a long time (hence the deal above) but its sure worth it in the end.Take it from a former asset manager, with your system of staying on top of prices and timeframes, and making strong offers when the price is right, you're really on to something (as evidenced by your 9 REOs and growing).Congratulations my friend and thanks for sharing this valuable and inspiring story.

It's a pleasure joining the goup and I look forward to meeting, helping and also gaining knowledge from everyone here.

That washow it went the first time for me anyway, to much success.Ultimately though, what I "prefer" is what I can gain the knowledge fasteston, to be able to generate income the simplest way.

Of course, you can gain favor with the agent if you can throw him some business later...

Since a lot of what I make is LT capital gains that would really jack my state income tax.

You are an investor and not a licensed technician.I do like the idea of doing a number of jobs directly to gain some idea as to what is involved.

I would think the average person would feel cheated if you told them you want to get their house under contract, only for you to make another 5-10 grand off the transaction.When you are wholesaling and net small gains like 3-5k, assigning a contract is fine.