@Alina Trigub You're right about needing to avoid the assumption that secular markets will perform the same as the larger market that encompasses it.

Who else will take the initiative to spend our grand kids money and expand gov to encompass businesses and wallstreet?

A buy/sell contract is only entered into when a buyer is ready to purchase.Politicians, law makers, agencies, may have a different, more all encompassing and overreaching interpretation of the above.

I know that you and James are very much against "wholesaling" per se but "wholesaling" as defined in the REI community, including BP, encompasses assigning of contracts as well as marketing properties you have under contract with neither the means and/or the intent on closing.

The curriculum encompasses all areas of real estate including finance, appraisal, development, asset management, market analysis, law and the regulatory environment and urban land economics.

This doesn't encompass rehabs or big repairs, but for general (easy) number running-https://www.biggerpockets.com/renewsblog/2013/01/1...For rehabs and estimates and stuff, you'd just throw those into the equations.Definitely only use the 50% rule for quick property browsing and nothing more.

i use encompass insurance that has great rates. the agent is a moron, he can't put a sentence together in an email. he never uses any punctuation for crying out loud...but i digress.. i tried to switch and the 4-5 companies i called (not rob's) told me "forget it. i can't compete with Encompass". and the replacement values are insanely high. most of them are worth around 100 and the replacement value is at around 190k-210k. they would not lower them either.the bad thing is that they insure up to 4. i have to have Great lakes for the others.

A 20 mile radius is simply too large of a demographic you are trying to encompass.

But it also gives leeway to the honest people to do what is needed to do the job right without throwing out the baby with the bath water.BTW, you do know that the "Chinese Drywall" problem encompasses several brands, and that the amount of sulfuric acid off-gassing varies not only by brand, but vintage.

I want to confirm what I believe is true - Does this "rule" encompass all expenses besides mortgage?