He can speak more intelligently in terms of the law than I can though, and being right next door he may know something about MD.So the bottom line is, I would be leery of someone hawking wares, like Nevada corporations.

I have a good understanding of statistics and I feel I understand the valuation methods well, but the methods have all come from the very intelligent people here on this forum with much, much more experience than I have in the rental business.

Once you know what you have, then you can make an intelligent decision about replacing or keeping the system.

I have lots of ideas, just trying to get a bit more intelligent!

It looks like you'll be exposed to more of the business side of the education than you could put together yourself, there is certainly value to that, but most everything necessary as a prerequisite can be found on line, may take awhile to track it all down.Investors here (most) jump in at the strategy level as if they are dealing in widgets to move through some system (guru approach) and is far from being an intelligent approach to investing, but can't convince the masses for various reasons.

Very well-spoken, seemingly intelligent, and well educated.He introduced himself, and congratulated me with a job well-done on Cardone's show.

Realtors run the gamut from brilliantly intelligent and talented and cooperative to dullards so desperate that it makes you deeply curious how they get their shoes to match each morning.And also:  many Realtors are just job-holders waiting for an all cash buyer with no contingency concerns to show up and quickly pay more than the asking price for their listing.

Here's a quick summary of what you need based on my approach (others may do it differently): Identify a market that you want to wholesale inFind and/or buy a list of high-equity homeownersSend out yellow letters to the list with a phone number that goes to voicemailWait for calls to come into your voicemailReturn the calls, identify motivation, gather intelligence (address, motivation, asking price, etc)For properties that meet your criteria, make an offer using this formula (ARV * 70% - Rehab Costs - Wholesale Fee)Get a signed accepted offerHaving someone on the ground visually inspect the property, negotiate price again if the rehab is greater than you expectEither open escrow and buy the house and then dispose of it a number of ways or find a cash buyer and assign it to them.That's essentially what I'm doing in a nutshell.

All of you answering this thread are extremely intelligent and knowledgable people.

Any intelligent and analytical response would be much appreciated!