Good Evening, My name is Jephney Herring and I have been working on the consumer retail side of financing for 13 years, in other words at the bank.

Obviously, those in the stable that are all cash have much fewer expenses, but even the ones that I cash out generate at least half of the rent in cash flow. 

., your attorney is expensive, so having to defend yourself less frequently(via an attorney)or performing fewer evictions can really improve your bottom line.

I anticipate that creating automated (or at least predetermined) systems to deal with foreseeable events (through education and trial and error) will be paramount to our keeping our REI from becoming too time consuming. 

I currently work in Manufacturing/Operations for consumer products for a large corporation.

There will be fewer people buying, and less of a market for wholesalers.Inevitably, a crash weeds out the weak.

Not Enough TimeRenovating and flipping houses is a time-consuming business venture.

Not Enough TimeRenovating and flipping houses is a time-consuming business venture.

Over the past several weeks I have consumed articles, books, and podcasts with a familiarly ravenous appetite, but for the first time I find myself driven toward mastering my financial future as apposed to winning at fantasy football, conquering a video game, or dominating my local TCG tournament.

On the contrary - they are obligated to get the seller the highest possible price for the property (and thus maximize their own commission).In addition, many listing agents (particularly those that list REOs and fixer-uppers) are high-volume, low drag...meaning they have neither the time nor the inclination to show their own listings and work with buyers on the hundreds of things that have to be done to get from "offer" to "closing table"- handling the buyer's side of the transaction is very time consuming and detail-oriented, and many listing agents expect you to come in with a buyer's agent that works for you and will keep the transaction on track.And finally, how are you making offers on MLS listed properties if you don't have access to the MLS?