He would rather sit around watching TV and getting fatter than work.Guy #5.

Once you have that much skin in the game, you are very close to being able to do something without the aid of an HML.Then, you need to watch out for unscupulous HMLs who will WANT to foreclose on a deal and put it in their own inventory to sell to their own investor friends.

This is another tip to others looking to buy a property then when you get it you might have to update things completely and the cash flow model the previous owner has been touting will not matter.If you buy a property in the 70's or older you also have to watch out for the EPA lead based paint rules.

Further, the newly minted and licensed real estate salesperson must operate under the watchful eye of a more experienced and knowledgeable broker, further insuring the agency relationship.

I use both and make them wait to the last day for free money, but if you don't payoff the promotions as due, watch out, interest is charged from the day of purchase, so pay it off in full!

Then there are the typical renters that you likely in-vision and of course still many other reasons why people chose to rent vs. buying a house.Now weather the area you are looking at will be a good rental area or stay a good rental area or be flooded with too many units requires knowing the current area and then watching and keeping up with the trends.

Watched the videos and webinars.

Trowels are designed to put the proper amount of mortar under the tile, so you need to watch a youtube video or two on proper technique.  

Watch "[url=http://www.imdb.com/title/tt0104348/]Glengarry Glen Ross" sometime.

http://www.youtube.com/watch?