The point of a one page contract is for your seller/buyer to easily understand the contract.Now of course having an attorney write up or at least look over your one page contract is important so that its legal and binding, but I would focus on making it simple and easy to understand.

Moreover, I've read that before networking with veteran investors you should know all of the basics, because they don't want you bothering them with questions you should easily know the answers to.A) What are the basics I should know before networking with seasoned investors and potential members of my future team?

I know about the "economy of scale" MDU thing....but MDU in NYC is really big thinking....like a three family house in Brooklyn/Queens easily goes for 800K minimum, let alone a 20 unit MDU (Multiple Dwelling Unit).So my question is this.

You just want to create a little "interest" to stand apart from the crowd, while still providing a nice clean canvas for the buyer to easily personalize their new home if they choose.

He could easily condo convert that property and make 1m net I had calculated.

IS there need for a permit to remove interior windows. These are the windows that are there, prior to adding on enclosed porch..

Thnaks folks

You can flip apartments for six figures pretty easily, or you can condo convert often for more than seven figure profits.Once you get to the point where you're doing condo conversion you'll be making seven figures per conversion.

My new property manager states that it easily will rent for $1,695.00 a month.

So flipping properties is an easy way to make huge winfall profits with little to know work.So yes you can easily tie up a property and then sell the contract for a few thousand dollars profit to a REI by going to your local REI club and letting them know that you have a contract for sale.

In other words, why would anybody buy a property through a wholesaler and pay them a commission if the investor could've just as easily found the property themselves by looking on the MLS?