This saves you time for the really profitable aspects of real estate investing.While all bird dogs are not Realtors, Realtors have a huge advantage over non Realtor bird dogs, for obvious reasons: They have access to the local MLS, FLMS listings, they know the neighborhood, they know how long the homes are on the market, they know what buyers are looking for, they know what it will take to get it in resale condition, they have access to motivated buyers and sellers or can find them for you.Without motivated sellers you can't put together real estate deals.

http://www.fdic.gov/news/news/press/2008/pr08098.htmlMonroe Bank & Trust Acquires All the Deposits of Main Street Bank, Northville, Michigan FOR IMMEDIATE RELEASEOctober 10, 2008 Media Contact:LaJuan Williams-DickersonOffice: [email protected] Main Street Bank, Northville, Michigan, was closed today by the Michigan Office of Financial and Insurance Regulation, and the Federal Deposit Insurance Corporation (FDIC) was named receiver.

I'd like to Fix and Flip, however I would prefer if my first property is an income property that I could acquire and hold (landlord).

Jon, using your formula, I'd have to acquire this property at $70,000 for it to cash flow, assuming 7% mortgage and $950/mo rent, wouldn't I?

If I had instant access to funds every time I spotted some thing that I wanted most likely I would run out of MLS properties and have to start networking too.

I recently got access to $130K cash via a partner, so I'm ideally looking for a good 'flip' property to build up some more capital.

If you do not have these connections get them of find them If you have to ask price this clearly shows you that you do not know this or the basics in investment property SKI Howard, there are a lot of new investors that come to this forum looking to acquire knowledge by asking questions and reading helpful posts from those who are more experienced.Instead of telling a newbie that "If you do not have these connections get them of find them If you have to ask price this clearly shows you that you do not know this or the basics in investment property", why don't you share where and how you got your information/knowledge?

We represent investment banks, hedge funds, REITS, and private equity firms in acquiring property.

I don't know the Peterson guy, but Todd Morgan was putting on some Private Money seminars and said he could get access to Private Money instantly (for the right price, of course) I never got in so I can't say what his credibiltity was, but I hadn't heard anything negative about him (yet).

It allows you to access your e-mail list via the web so you can be anywhere and send something out.