Personally, I don't think the national trends are at all representative of the local trends, but that's just my perspective...

they didn't find the deal anymore than i or anyone else with an agent or mls access found it...stephen moore who posted above is a wholesaler i know who is doing very well....maybe he will have some better pointers for you since im' not a wholesaler....however, let me give youa buyer's perspective...when a wholesaler passes a deal on to me that i alraedy knew about thru the mls, i ask them to stop contacting me...they haven't done anything to justify their fee...find me a deal that nobody knows about, and i'll gladly pay you....as you can see from my post, wholesaling is work!!

However, you also have to look at the bank's perspective.

Your perspective on the managers does make sense.

They told him a few weeks later he wasn't picked because he wasn't edgy enough for the show.

Hey Bill, you have the unique perspective of being both a govermental bureacrat and an enterpreneur.

I can answer parts of your questions from a trustee state perspective.

I'm a stock investor at heart so I'm accustomed to evaluating investments from a yield on cost perspective.

If you choose to make that election, then from the IRS' perspective, your LLC is essentially a corporation.If you elect to be taxed as an s-corp, earnings still flow through to your 1040, but you have some additional options with respect to breaking up salary and dividend payments.

Originally posted by Brian Hickey:Teardowns make the most sense when other homes in the immediate area are worth about 2 or 3 times as much as your resulting real estate (once the new home has been built).That's an interesting perspective Brian.