You should strive to become a transaction specilist, if that's a good term.I just acquired three properties that I tied up for a total of $100 two weeks ago and wholesaled one that paid for all three in 8 days.

"We strive to provide safe, clean, affordable, comfortable and quiet housing for responsible renters in the neighborhoods of west Vancouver."

I too have worked where we had access to SRP (Service Release Premium) and you know good and well that's why so many Broker Shops strive to become Correspondent Lenders and Mortgage Lenders to obtain Warehouse Lines, so just like Banks, they too can make more and hide what they are making on the Back End (.i.e.

Others (like myself) combine investment with hobby and strive for 15+% returns... still others turn this into a second (or first) job and are looking for 20+% returns.There is a definite trade off... but who are we to place value on other people's time?

I strive to have about 5 k in an account for each house for emergencies.

Don't settle for anything less than 10% cash on cash, but strive for MUCH better.

.- Then there are the little things -- for example, my project manager has full authority to bring in lunch for the crew at random times (though I encourage him to do this when there is a lot of work going on and we want to keep the crew on-site) and to buy a case or two of beer every Friday for the guys to take home.These are the kinds of things I prefer, as opposed to writing in bonuses into the contract which will only motivate them for that one job -- I prefer the longer-term motivation instead.As for penalties, I'm typically pretty lenient as long as my contractors and employees strive to "do the right thing" -- I'm not going to fault someone for making an honest effort and failing, and I'm definitely that way when it comes to schedules.

Joel, that is an interesting perspective regarding the desire of people to own a home depending on the region they live in.I can definitely see what you mean regarding the greed factor when the market was booming with people using their homes as ATMs...but I think that people strive to own their own home not simply for the hopes of "getting rich quick" off of the a housing upswing.

But if I strive for it to be safe #1, and to be in sellable condition within a year but absolutely within 5 years, I have a return of more than 100% of my money, considering the costs saved for room and board.

We have had our ups and downs and we are striving to be financially stable.