The tea-partiers sure talk a good game but when Rep.

It's not for beginners though because it's a buy and hold game and requires lots of cash and patience.

Steve, at this time I'm trying to stay out of that game, as the big money seems to love it right now.

I stopped by the county clerk earlier this week and she said there is really nothing I can do, it is just a waiting game now.

Both have 5 wheels, 4 on the ground and one in front of the driver's seat :)Don's example is a bit bigger of a deal, but the skin in the game point applies.I also suggest you not rely on ratios or rules for rents to a purchase price to base a contract on, you need to learn how to put a pencil to an offer.

This forum post involves a chunk of cash that is unrelated to those business plans, and is basically more of an experiment in snowballing an investment fund.In Portland or Los Angeles, 20k is going to get me skin in the game on a hard money loan to flip a condo in a low end neighborhood that will net me a 5k profit in 2-3 months.

I have talked to one wholesaler and he was having the same problem, he is new to the game as well.

I'm still really new to this real estate game and trying to soak up as much knowledge as possible.

The metro area may add value, while being on a well with septic will make it worth less.Your game plan sounds good.

I'm not familiar with this part of the game at all...