I am sure I will learn so much in the next few months while I'm paying off my car and preparing for my first steps...

For instance if your subject property is a 3/2.5/2 (3 bedroom, 2 and a half bath, 2 car garage) then don't select a 2/1 as a comp.

They are single car garages, but they are really long so you could maybe squeeze two small cars in them.The property has a lot of deferred maintenance that I will be addressing in the next few months.

I don't want property owners who have refinanced out all their equity and spent it on cars, boats and flat screen TVs.The info is still available, but you have to pay for it.

Usually $40 or so for this.For just photos and valuation, we have hired BPO agents to take pics and do full blown BPOs, usually $80-100.I've had decent luck on craigslist for small one off odd jobs, make sure I get their car license plate, photo of the drivers license and a facetime/skype call face to face to feel them out.Its not easy all of the time, but when you can get to the point where you can flip properties in your OWN market without seeing them, you can do it in other markets just as easily.

If you peruse the MLS and see that buyers 80% of sales are gobbling up 4 bed 2 bath with a 2 car garage and a basement on a half acre lot size in the 250k selling range then you have a pulse on what is moving in the market.You wouldn't want to take on 10 listings of 500k price larger homes if most of those are not selling and buyer demand is low for your area in this cycle.

I sign contracts with a auto dealer to purchase 100 cars at $25,000 a piece, which would otherwise retail for $30,000.

(Not very articulate) I generally don't carry collision on my car because if it's totaled I can afford to replace it.

hey all,I'm brand new to the real estate game and im entering as a wholesaler thanks to biggerpockets. 2 months ago one of my oldest friends introduced to me this website and im pretty sure its changed my life. 2 months of reading the posts and listening to the podcasts I have been inspired. 2 weeks ago I got some busines cards, car magnets and pens with my phone number with a simple message "we buy houses".

Why would a licensed r.e. agent, after being an agent for many years, not learn the REI business but would wait until their car has been repoed to get a 2nd job at a Denny's or some other fixed low income position?