If you know where to buy those, please put me on your buyer's list.The 50% rule applies to rentals and states that 50% of the income will be lost to expenses with the remaining 50% available to cover debt service and your pocket money.

Soon after that I found 123 Flip and then Bigger Pockets!

Found one buyer who has paid me over $75,000 in commissions over the next 3 years on deals I brought him.These were realtor commissions, but if you can find a buyer who is taking the kind of action he was you could seriously line your pockets wholesaling to him.4.

Bigger Pockets has been a huge help.

Hi all, I just discovered Bigger Pockets about a month ago and have been reading the articles and forums.

If you're all in at 60k and could sell it fast for 110k (even though its worth 120k), thats a nice chunk of change to be able to pocket.

Recently I came across the concept of wholesaling lease options and am extremely intrigued both because I feel that it would be an awesome way to enter the game with little to no risk or money out of pocket and it seems like it can be done in any market/economy/state regardless of where I live.

Recently I came across the concept of wholesaling lease options and am extremely intrigued both because I feel that it would be an awesome way to enter the game with little to no risk or money out of pocket and it seems like it can be done in any market/economy/state regardless of where I live.I ask, what do you guys think about wholesaling LO as my first RE venture from Chicago?

I keep more of my own money in my own wallet than the year prior.

I wish everyone bigger pockets.