And believe me, we've seen folks overdue it and lose money because they went overboard with "green" materials so it definitely makes sense to speak with a "green" consultant before jumping into any crazy projects.

The banks have no idea what 20% profit margin is for an investor, as they probably have no idea what the realistic ARV of a property they're selling is (the listing agent's rarely know what a property will sell for fixed up).Add that to the fact that every investor is going to do a different amount of rehab (meaning different costs and different ARV), every investor is going to pay different prices for labor and material, every investor is going to have different holding costs (cash vs hard money is a HUGE difference) and every investor is going to pay different fixed costs on commissions (we generally pay 3% because my wife is an agent, but could easily pay 6% or even just $500 if we did FSBO and flat-fee listing).So, to say that a bank is okay with an investor making 20% is just meaningless.

On the other hand if you feel comfortable with scheduling the renovation, buying materials and managing the different trades then you can save some money by not hiring a GC.

Disclose that you are a REALTOR in any advertisements or marketing materials. 3.

Either way, they package the technique into a course and sell it as TNBT (the next big thing).After having created that specific technique, they package it with pretty video's, tons of written documents, nice web sites, fancy squeeze pages and other materials and call it "The New Secret Sauce" for Real Estate Investing and they market it nationwide.There is a distinct difference between a Real Estate Investor and a Real Estate Entreprneur.Examples:The Realtor in South Carolina who prior to the bubble bursting sold 15 properties in 15 minutes to a list of buyers he had been building for years.

I see a lot of quoted material in here. like "?".

The majority of the material is reading.

Do you have any good exam prep material you can recommend?

For example, I used to spend a LOT of time driving to stores to get materials for rehabs (I don't trust my contractors to pick out my finishes).

I have also read Bryan Dunklin's material on land trusts in Texas and he seems to be a SME.