As I continue to mature in my investing and become more efficient and able to delegate more tasks, I will do so.

Some outdated, but the basic principles could make you $10mm in today's market.

I would have to find out exactly what this includes but basically they will help me select a property ( they are also wholesalers so they can also help me source property) , evaluate rehab costs, get comps, manage contractors and market the property at sale time.

Basically, the PR as seller needs to complete the summary probate, then sell.

If a notice of demand has been made accelerating the note to maturity, calling it due, such a note sale is basically the same to the bank as a payoff.

(now I will meet with you to get to know you and even show you what we do so you have an idea of what I want)But when you have a deal, I want to do the basic numbers first before I run out and look at your deals.If I see the pics and run the comps I can crunch the numbers and let you know if I want to look at the house in 3-5 minutes.

The next step is to read, read, read, read, read and read some more...There's a lot to learn, and if you spend a couple weeks reading (BP is a great place to start), you'll start to get a basic understanding of the industry and can ask questions to help fill in the blanks.

If they'd just take your money and leave you alone, that would be bad enough, but they also require a basic property inspection.

You're basically tying up the property for up to 45 days (or more with extensions) and HUD is only getting $500 to $1,000 in earnest money.

He noted there was a serious lack of supply, that 50 bidders show up on the courthouse steps and compete aggressively for foreclosures, that there is a big investment group buying up everything they can get their hands on for buying-holding, and that basically the investors he knows are sitting tight.