I haven't bought properties or chips on ebay yet... but with all internet shopping, be sure to double check anything you see on the internet is not a scam as I have heard warnings about this.

Plus going to Vegas and expensing the trip is not a bad way to go either!

Where should I shop for my inventory ?

Must be that paint covered, lumber carrying look I've taken on for the last two months...lol.So I'm gonna spend some time just hanging out with my family...take it easy for a bit....while I shop for the next project.

These guys were wearing what looked like "thrown together" outdated suits from the Salvation Army store or the local 5 and dime shop.

It's one way to talk shop,get contractor leads and free coffee to boot!

If the property is held by an LLC and someone someone trips over a tear in the carpet and breaks their arm an LLC probably would protect you from personal liability.Even if you have an LLC if you do not observe corporate formalities you could lose their protection.

These types of individuals and organizations are able to mobilize and set up shop quickly when they see an opportunity and an easy way to scam people out of money.

Second is to Shop for Real Estate Schools .

Schools Crime rates Household incomeEmployment rateTypes of jobs available Types of businesses (pawn shops vs. casual dining for example) Propery codes enforced New construction in area Do you feel safe at night?