The "Learn" link across the top navigation bar has lots of great info, and most importantly, the BP members!

If you've bought properties before, maybe you won't need an agent this time.I have to say, though, that my mortgage broker was probably an even more important piece to the transaction puzzle with regard to knowing all the funky FHA rules and helping me navigate the torturous underwriting process.My advice here isn't about the buyer's agent... make sure you have an excellent advocate on your lending side of things if you're going FHA!

This figure is as important as others.In addition, to be on safe side, use a minimum of 10% vacancy rate.

People are more important than market, every time.Hone your focus, and then look for the folks that can best help you build something successful.

It seems that doing due diligence on the HOA is as more important than doing it on the property itself !!

But once you have a great team your business will run, operate and be 100 times more successful than getting any random person off the street.Unfortunately, in this business there are a lot of lazy people who want rewards but do not want to work hard for it.Sorry this was so long but it's been really important in my business.

Greater Houston is a great place for real estate investments given the deflated prices compared to other US markets & the impressive population growth.Here are a few tips in this market:- lack of zoning makes knowledge of subdivisions(neighborhoods) VERY important; so know your numbers by subdivisions, i.e DOM, avg sales & rental price per sqft etc- market in Houston below $150k is overpopulated right now- too many people & too many transactions- so don't be fooled by recent sales data since they may be inflated; true value of SF investment properties should be driven by cap rates; SF rental market in Houston in north of 10% cap rateLet us know if we can assist on any way- we provide data to help investors find their own off-market deals.

We also make donations to our state PAC for the lobbying efforts of the Washington Apartment Association... extremely important for keeping our state laws landlord friendly.

@Jon Holdman Agreed, but I would describe wholesaling more so as a business rather than a job and I think that is an important distinction to make.

I have a nice chunk of capital set aside as well as access to financing.As I have quickly learned in what I've read thus far, building your network and team is close to (if not number 1) the most beneficial and important pieces of this business.