You may have cause to sue Donald Trump or Warren Buffett knowing they are worth billions, but you'll never get anything because of the dynasty and land trusts and other legal vehicles used to protect those vehicles, of which they are merely the sometimes-beneficiary.

I buy turnkeys, which are usually at or just above market value, and in great shape and not needing work.

Here the land is worth more so small houses get scraped rather than additions.

I have many years in land development, municipal, hydraulic and dams and reservoirs.

My mentor / business partner who is showing me the ropes in RE is starting his own property management business after being in the real estate game for 13 years.He is offering me a job in said property management business as an on-call maintenance person, and also said he can pay me to do yellow letters for him (I currently send out a lot of them for my own investing purposes).He said he can either pay me for each letter, or a 10-15% commission on income from any leads I generate (so if I land him a property that he makes $150/mo on, I would make $15-$22.50/mo on each property. 20 properties = $300-$450 / mo total).Either way, he will pay for all the material and postage- so I'll just be taking care of the rest (printing, packing, sending).

Big possible liabilities to analyze are the shape of the roof (presumably flat) and of any chillers/heat pumps and HVAC units you have.Windows are another one to assess, for both aesthetics and replacement cost.

You're thinking about great things but you need to just get started first and experience land lording, cash flow, maintenance and the other challenges that come.

I think we will be in good shape after taking care it.

Hello BP members, does anyone know where I can find what a specific house or land was sold for?

Thus, I'm scoping other zip codes following the freeways west and north bound on the 15 and 8 here in San Diego.This is what I'm doing now in this 2nd attempt so hopefully, I can land my first deal very soon!