Success in this industry comes down to your ability to build a name for yourself by delivering great customer service and adding real value in a specific niche.Spend WiselyBe smart about where you spend your marketing dollars, especially in the beginning.

In addition to working and spending time with my family, I love to rock climb.

But you should spend the first couple of hundred getting your license.   

I service the entire county, but Downtown (92101) is my area of expertise and where I spend my marketing dollars.About 10% of my yearly business comes from a couple of FLIP investors, so I'm always on the lookout for projects in my county that I can make beautiful again and sell!

I am wanting to pull the trigger on a domain, but I want to make sure it's the best one that I can get for the money I am spending.

If you are working one property at a time and buying right and not only spending 6 months you probably aren't going to get stuck - most likely the worst thing that could happen would be that you would lose the anticipated equity you are building.

I will rather leave that to those specially trained and equipped to handle them, while I spend my time on the things that matter most to me….my family, friends and leisure: this is my target.Let’s talk about the investor briefly:According to http://www.investorwords.com/2630/investor.html#ixzz3lvQW5IZP, an investor is an individual who commits money to investment products with the expectation of financial returns.His primary objectives are the returns from his investment.

FHA Inspection called for egress window which was a surprise so to make it quick we upped the purchase price to $196000 to cover the $2000 price for egress window.Total rent is $2700 and my mortgage is $1226 so once all operating expenses were added in I am cashflowing about $950 which for my area is awesome since most multifamiles are at 6-8%  Cap Rate and my property was 11%.I financed using FHA loan putting only 3.5% down because my plan is to move into a unit for a couple of months do renovations to get the rent up and then buy another multifamily and repeat.So there you have it and I am very excited to continue building my portfolio but I know and will reiterate the point that you can spend all your time learning and dreaming but once you make that first step it suddenly turns into you running and making your dreams come true.  

But if you pay attention to where the local government is spending money you may be able to purchase if an area that  will be much improved later.  

As far as the contract goes, I want to walk with a few to show they the SOW and and spending 15-30 minutes with him.