Good day, I recently signed up to take the Than Merrill class to be a Wholesale Investor, any tips on how to be successful at this and what steps to take initially as a beginner?

Some improvements to the property are:Exterior steps and walkwaysWasher dryer added in all unitsNew stainless steel appliances: dishwasher, microwavehood, fridge, stove  (all the old tenants owned their own)Flooring for the garden unit, refinished the other unitsGranite counter topsPatch drywall and fresh paint on walls and trimUnexpected items list to name a few:Foundation cracks - fixed nowBathroom vents not actually venting - fixed nowRoof leak patch - heavy rains following closing made it apparentAttic plumbing came apart in the walls - previous contractor may not have properly glued?

First step is to find a property you are interested in purchasing and get your finances in order. 

I'm pretty green too, but learning is a great first step.

hello all,I am fixing to purchase my first real estate deal. I have a friend who is an investor himself and he might be willing to finance. Can somebody walk be through how a private loan transaction takes place?  Tha...

Being in the military, I do have the VA at my disposal, but I am absolutely in need of more financing education before I can decide on what I would like to pursue. 

I'm excited to surround myself with like-minded investors in the area who are also working to pursue financial freedom/ increase income via investing in assets. 

You can only learn so much from books, etc so the next step is to learn from doing. 

Lastly what you will see is that civilization has come out to these places when you drive by and see some desert rat in his or her Mobile home stuck in the middle of no where that 95% of the time is on one of these old platted lots.. some areas Like some of the Lake co California areas town actually grew to them sewer and water and paved streets put in and houses builtBut for instance above Lucerne there are 7 thousand platted lots and I think 3 homes.. lots are 5 to 7k sq feet.. it was uncanny how they surveyed and platted them way back when .. this terrain is quite step but the road follow correct grades although some lots even with today techniques would be near impossible to build on.. 

It entails the following steps:Calculate the Net Operating IncomeDetermine the appropriate Capitalization Rate (or ask your broker)Divide the Net Operating Income by the Cap Rate to arrive at an estimated valueWhile the steps are simple, the underwriting is a bit more complex.