(my mentor/captin currently has a few rental properties, he's wholesaled, reahabbed and resold) so i planned to call the guy monday with the offer but i got little busy at work and and besides i was was hesitant anyway b/c i thought i screwed up and i just didn't think he would go that low. so this morning i had a meeting with a guy from realnet usa, they loan money to investers, buy/sell properties etc. and during the meeting the gentleman hands me a list of available properties he currently has on contract and lo and behold at the bottom of the list is the very property i vistied this weekend. they're selling for 52k with a 95k ARV with estimated rehab @ 15k. i didn't say anything i played it cool and finished the meeting, we exchange info and i went on my way. once i got outside i beat myself up pretty bad(mentally of course) for not going with my gut feeling but again i was hesitant b/c i've never done this before and that was actually my very 1st time meeting with a seller and feeling good about a particular property. all others i looked at did not seem good for me @ the time. i called my wife vented and got back to work and called my mentor/captin but havent talked to him yet. and even called the invester who originally showed me the property ( i didn't mention anything) i just gave him some info he requested and told him to keep calling me when he has properties available and he gave me one right away and asked could i go out to check it out. i guess i wrote all this to say first off i'm a little discourage, not enough to ever quit of course but enough to feel like a total moron and second.... i don't know i just would like some feedback. sorry for the long read guys and gals :violin: but i must admit i feel a tad bit better now. thanx!!

I frown upon teenagers buying new cars and financing things just to be "cool"Currently I am renting a 1 bedroom apartment, I was planning on buying out here in the big housing boom but it is leveling off and it very unstable so I am now going to purchase back home in Ontario come november next time I go home for a visit and rent it out.If all goes well I will have 35-45 thousand cash a year in savings for downpayments on properties, I plan to move home in 3-5 years...It was the best decision I ever made in my life, Sure I work 70 hour weeks, But I wake up every morning knowing I am in absoulutly no DEBT and saving everything I can to pursue REI and become able to live off rental property cashflow.

It was posted this morning on the news.

Whether its a hard print newspaper on their doorstep in the morning, or an RSS feed, consumers have taste in everything from clothing to soda to news.

Good morning,I am the Executive Director of REAPS.

Hi BP folks,I am newbie from DFW (Dallas/Fortworth) area.

I might add that this morning would be a great time to drive by any properties/neighborhoods you're considering! 

Selling your franchise is what I would do if I am not energized by my business every morning and excited to compete with the other competitors that are opening up.

Good morning BP,What's the use case for submitting an LOI vs having an agent submit a official contract? 

I am trying to understand the earnest money technicalities. Have a novice question here, bear with me.

If you are making a $125k earnest money deposit on a lets say 5.5 million dollar deal.
I have been told, it wi...