After a while of being on top of your game you should build a "customer base" of investors that will begin to trust your information, judgemnet on a proerty and you will be able to move more deals.

hello everyone and what's up to my fellow cali investors. i'm new to the forum which by the way is awesome. the great thing about the forum is that everything is real time - not something that someone read and copied from someone else that read and copied from someone else. i'm looking to get into investing like i've wanted to do for awhile now. i read the post by nicegsxr and he's on the money for so cal. prices are extremely high right now. personally i'm from the inland empire (san bernardino and riverside). a great big thank you to everyone who takes the time to share your success and also your information.

Along the path we are and will be facing Severe Winter and Ice Storms and to top it off Extreme Wildfire Threats.We have already seen this year with Jan producing 7 Major Disasters, Feb producing 3 Major Disasters, March producing 3 Major Disasters and April producing 2 Major Disasters.

michael has good advise. before I investe out of state i built a very strong trust worhty team...Network is everything.

Our public institutions for "higher learning" are primarily filled with "instructors" who are FAR more interested in instilling extreme political views on our young people than providing the the skills for such mundane and pedestrian pursuits like .. earning a living.

Your Realtor should be your teammate in getting the home you want; if you don't trust their advice, don't use them.

IRS tax law falls somewhere between these two extremes.

As Wheatie said, that would not even get you close to doing a first deal unless you were EXTREMELY LUCKY.

Now, while this is actually sort of standard cash-flow policy in other industries, due to the way residential construction lien laws work; if the bills are unpaid on the project you own, you can actually be held liable if invoices go unpaid, the builder goes out of business and the vendor sues.However, using a good title company negates this risk entirely and these projects can be extremely lucrative for all involved.

Do your homework and you may want to think about using a realtor that's done a few and that you trust for your first transaction if you're all that worried.