qualifier to last post:factors that impact rei strategies:EXPERIENCE - this involves having advanced knowledge of rei - being able to look at something and KNOW it's a gem, realizing that even at or below break even for a year or two, a certain investment is a great opportunity regardless and this of course, depends on the next factor.CASH (OPERATING FUNDS, DOWN PAYMENT, BUYING ALL CASH, ETC.)Individuals, partnerships, Corporations etc, that have the means to close in 48 to 72 hours, or have enough funds to take on a negative cash flowing investment for an indefinite period of time - again, knowing it's a killer investment opportunity.

My husband and I do it frequently and make good money, but there are many hidden costs that those "Flip It" shows don't tell you about.

The reason I'm mentioning this little gem in this forum is because of the Billboard that's on the property......it brings in $1,300 per month.Check it out!

It is pretty hidden up here, it's about 2300 ft elev. but there is a new development called Gavilan Springs Ranch (2 acres with big houses), but we are technically in Perris zip code.

my fear about re investing has to be that i might invest in a "lemon" and what ever exit strategy i have wont work. or if i buy into a rental income property i will encounter a hidden expense that i could not have foreseen no matter how much i analyze.but my latest fear is that i am finding the good deals but because i have allowed my credit history to slip i wont find funding for them in a timely manner.i know the deals i have been researching will make money for me even if i get a higher interest rate. i have even thought of assigning these deals to other investors for a fee (bird dogging) but i am still trying to build a list of serious investors who will act and are not just talk.

any other hidden fees?

man, it mustve been an absolute gem for you to have looked past the smell...

BOY DID WE FIND SOME GEMS...Things are moving pretty well, got alot done in the last couple days...O yeah, it's funny thinking the place is empyt, just to look into a window and seeing the owner looking at us, LOL...

It wasn't so much the burn or the dead person so much as it was the fact i couldn't see any burn damaage which says to me that it was hidden, but possibly not repaired.The dead person alone wouldn't have been a deal-breaker but I was told the body was not discovered for "some time"Anyhow, I think I made the right decision, but I am not going to let it discourage me.

The building seems to be a real gem.