/Dec)Many banks for the last 6 months have been testing the market and pricing even the messed up homes at full retail value.Trustee sales over the last 6 months got very VERY competitive and investors were bidding up homes above 80% of value, this caused the banks to try pricing REO's higher.I have no idea if I am correct or not, but I do know that times have been tougher to lock great deals so far this year.

I am not possitve if you have to hang your license with someone else first, but I don't think so. 3. 24 CE hours are required every three years to have an active license for broker or broker associate(agent)It's not too difficult to be an independent broker, it is much tougher to be an employing broker.

The tougher their situation is the better I may be able to make a deal with my low ball offer.

I actually think rehabbing is easier than wholesaling to some degree (and tougher in other respects).My recommendation is to find a great rehabber, offer to volunteer your time in return for his mentorship.

My previous post and this one, while perhaps sounding negative, mean only that it's tougher to find good deals in Phx/Tucson with so much competition driving prices up.

You can take the test earlier within 2 years I believe but not get the active brokers license until 3 years.The test for the brokers license was much tougher at least when I took it then the agents.

Returns on new construction are soft, and most value add deals are in the tougher neighborhoods which depress after reno rents.

Visiting nurses were a much tougher clientele for me.

Plus this would most likely qualify as a no fault eviction, which will make it tougher to evict.

Comparing sold price/per sq ft is also a good way to ballpark values.Since it's a duplex it might be a little tougher to nail down comps.