Supposed to send me some properties, but not interested in pressure sales.Btw, Jay Hinrichs I listened to your podcast with BP.

If you're grossly undercharging, it doesn't much matter that the property is a wash at this point if it can generate significant cash flow.

You will get a lot of pressure to rent to people who can't pay rent, and who will end up paying for the losses?  

It's not a "guru" thing or some silly scam, it's too simply Respect the Business and go into something properly rather than because a commercial said to you that you can rich from real estate (which I agree with you is total hog wash).  

Real estate clubs are a good place to start because you can get an initial impression of each other face-to-face without the pressures of doing a deal.Do look for money as aggressively as you look for properties.Do meet and get to know your lenders, as well as their lending criteria.

First of all, I didn't start this thread to attack the professional tradesmen, but sometimes it gets to a point where even if you want to pay someone for a job, you end up DIYing the last 10% (or 25 or 50) of the work whether it be additional damages, debris cleanup or poor workmanship.May be this is unique in South Florida, I am not sure.I have a long list of pet peeves, but I will just mention a few here that I noticed that seems to happen almost all the time.For example, whenever I hire someone to do work outside, say painting, stucco plastering, landscape, pest control, anything that involves borrowing your garden hose to dilute, mix, rinse...they ALWAYS find a way to deform the hose ends - by stepping on the connection, cross threading the connection, dropping the nozzle, clogging the nozzle, and they NEVER turn the hose bib off, they just release the nozzle handle and leave the hose pressurized. 

-S.C.5.983.028Colorado Springs, Colo3.125.659Nashville-Davidson–Murfreesboro–Franklin, Tenn.1.007.6710Tulsa, Okla.7.541.0211Seattle-Tacoma-Bellevue, Wash.2.346.2112Spokane-Spokane Valley, Wash.3.504.9713Austin-Round Rock, Texas4.044.4214Miami-Fort Lauderdale-West Palm Beach, Fla.3.105.2815Little Rock-North Little Rock-Conway, Ark.7.001.3716Denver-Aurora-Lakewood, Colo.1.756.5417Orlando-Kissimmee-Sanford, Fla.1.246.8818Toledo, Ohio5.162.9519Columbia, S.C.5.073.0020Palm Bay-Melbourne-Titusville, Fla.1.007.0021Jacksonville, Fla.4.733.2022Durham-Chapel Hill, N.C.5.182.6223Providence-Warwick, R.I.

The home inspector said I probably need to power wash and seal the wood.

Realizing that the first property doesn't have to be perfect but is meant for the momentum of your real estate investor career takes a lot of pressure of the first purchase. 

I also noted that the house is on propane in the delivery instructions.So the deliverymen / installers arrived today and informed my tenant that they cannot install the new appliances or even haul away the old ones because they do not touch appliances that run on propane and that I would have to hire my own plumber to do the job.Well, I wish that Home Depot had told me this, you know, right when I told them that the unit was on propane so that I could've made the necessary arrangements.Now my awesome tenant is pissed because she took time out of her day to be there for the installation, still can't wash her clothes, and will now have to take time out of her upcoming Saturday for my plumber to come and install her new washer and dryer.Oh, and as a bonus, when I called for a refund of the installation and haul away fees, the rep screwed up refunding me everything I was entitled to, so now I have to go to my local Home Depot to complete the refund at the register.