The big mistake to make as I understand it is to purchase a 2nd mortgage at a sheriff sale and being in second position on the property after the auction?

The real profit becomes from the new customer base generated.Operators make the mistake of running coupons when opening a business.

It is our mistakes where we learn the most.

Trust your gut but don't automatically assume the worst.

Don't rush in too fast a make a mistake.

Make sure you surround yourself with people that will have your best interest at heart.Also, the biggest mistake I made when starting was buying for the sake of being able to say that I am a property investor.Be patient and only buy to suit your end goal.Thanks for reading and have a great day.

Then set-up actionable steps to reach whatever goal you set for yourself.Start small, grow with confidence and know that you will make mistakes.

This is worst case scenario and will only be used if we suddenly run out of funding.Building a Team and Systems:1.

I don't know about Indianapolis, but 3/1s will rent easily at $575 in all but the worst DFW neighborhoods. 

(Rookie mistake- I did not select personal owners and remove the duplicate addresses so once I scribed the list I only had 558 usable names).$190 for 14 months for a mailbox at The UPS Store$304 for 558 color post cards mailed from Vista print.$0 for a free Google voice number.