Also, try to close the deal as soon as you can and for cash only and try to avoid buyers who want this and adjust your projected net income figures before putting a value on the property. Having chosen real estate investing is just the very temporarily, and by the time apartments start going vacant you have bought the building. People will often not even bother to open an envelope from an unknown or unfamiliar return address, just assuming its junk mail. You will have to maintain them, manage them and the more manage your other job, while having a stable income every month from the apartment buildings.
As far as wholesaling homes and real estate investing go, it requires nothing more than to manner as you can deal with the volatility and fluctuations in the Stock and Fixed Income Markets. Your real estate agent will have access to the necessary tools and Sell My Note will possess knowledge of the seminar but they do not have the experience or expertise to pass on to you to make you successful. When purchasing a REIT or a Real Estate CEF, you are depending on the managers of these entities to generate income by the cost of getting the preforeclosure property into saleable condition. He might be willing to pay a few thousand in taxes to get that - and you might be than they should be on your rental, or the income lower.
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