Before i learned about REI i was just going out spending money and having a good time. about a month and 1/2 ago i met this person that wanted into REI but is a father of 2 without a mother to help. he is also in the military. now 90% of my spare time is searching for deals and soon to be taking an online course for my Texas RE license.

They also always seem to be a problem Front door sanded and re-stained or painted, exterior garage door needs to be newExterior lighting.

You folks here are going to be my right-hand per say, because of the wealth of info here is just amazing.I live in a city that has been kinda on a re-bound, due to past city council flubs

If I start investing and no school I would probably start to sell RE so I can do my own deals.Any advice or opinions appreciated.

Dealing with hardmoney lendersWhere to draw the lineAssuming the following expenses in a Real Estate Retail Transaction from end to endBuying a property expensesPurchase price+ Acquisition Expenses (Purchasing points costs + Holding Expenses for x months(mortgage payment)+ Closing Costs)+ Rehab costs + Agent/Realtor costsProperty Re-Sale expensesResale Closing costs+ Resale Marketing+ Realtor/Agent commissionwhat are the expenses a real estate investor would expect to be ignored by the hard money lender.I mean how does the investor approach the hardmoney lender,does he include all the above expenses as the loan amount when he prepares a project plan for the Hard money lenderor does he request all of the above money (expenses) part by part from the Hard money lender,please any one explain in detail,thanks,David

Greetings and salutations from a newbie.Recently discovered this site from a shout-out from a RE podcast.Am really excited about RE.

thanx for the comments, well I met someone called Emanuel who is in charge of supplying my mentor with the properties, houses, my mentor and Emanuel said that one cannot be lazy in this business, that you can make it if you have what it takes to be as hungry.I spoke to him through the day because after we finished checking the house Alfredo (my teacher) was remodeling we went to see another house that Alfredo's brother had finished, but he was having problems with the RE agent because he hadn't sold it yet, why?

*Join the local RE club to learn and network (next week!)

Hello everyone, I am a new real estate investor in Memphis TN. I have found so much information on this site, which has been very helpful. I love this site. I have been learning about investing and have joined a REIA ...

I don't mind sharing my newbie inexperience and lack of RE street smarts.We'll keep looking.