I self manage these units, outsourcing the maintenence to list of specialists.

i mean, of course, if you can pick up a house for over 60,000 below market or in this case 20% below market and fix it up to make like 10 or 15k, that's good.there's just so many variables.

I think it gives people a thought about REI is easy :nono: After reading I was waiting for the punch line of "BUY MY COURSE, AND YOU 2 WILL BE JUST LIKE ME"

It seems that they are still buying houses as investors, but they have shifted their business model into teaching/ guru courses/ bus trips.

Right now I work for a flooring company in sales so I know a lot of GC's and specialists that I will be able to use when I do get started.

Right now I work for a flooring company in sales so I know a lot of GC's and specialists that I will be able to use when I do get started.

Some areas listed (approximately) were:1) Bird-dogging/wholesaling - buy low, sell high (quickly), but deals take a lot of effort to find/negotiate.2) Buy and hold - you're putting your money in up front, and your time into long-term management of the property (of course, you can have a mortgage and/or a property manager, but these reduce profits, and you're still likely to need SOME money and SOME time involvement).3) Service provider - a real estate agent, loan officer, contractor, inspector, etc.

My intention would be of course that they get the appraisals on the properties that we would actually choose to purchase.

so, i guess it would be good to put the %10 upestimate when determining the prop. value , and of course aiding negotiations in future endeavors. i love it!

When you do decide to sell them off, you would get aprox. 20% RETURN (of course this will depend on WHEN you sell....nobody has a crystal ball).