Another several hours to work on follow up each week now!

He says, on average, his expenses over the years have looked like this:Buying costs are generally 1.5% of the selling price Holding costs (utilities, taxes, etc) are usually 1.5% of the selling priceSelling costs are generally 6.5% of the eventual selling price, after repairsHe projects the months required for rehab work (holding time) with the following formula: Rehab cost per square foot, divided by 10 + 2.5 months to market & sell Do you guys think these numbers are accurate?

Post it in the classified section, and follow the rules for that forum.

It takes time to build up a following and the best way is to get to know everything and everyone in a neighborhood.Good luck,donrock

Instead most are guppies that follow whatever the news media tells them to do.

You need to learn how to be creative and use the following investing techniques. 1. wholesaling2. lease options3. subject-toSince you have been looking a year and a half, you have been looking in the wrong places.

If it's over $10,000 then following your logic it is "over priced" because there are hundreds of homes on the market in Detroit for $10,000.In southern California you can pay $800,000 in Redondo Beach, $500,000 in Long Beach, $200,000 in Lake Elsinore--all of these areas house people who work in downtown LA.

I think perhaps as time goes on and after I have done a few deals the confidence will follow.

It's 100% legal to be a bird dog or property locator... but only if you follow one basic rule:Don't act as a real estate agent.This is a little complicated but the key word is the word agent.

The owners who did what they agreed to are now carrying the load for the others who didn't follow through with there commitment.