CBS This Morning Chip and JoAnna GainesThis morning on CBS News.

I bought both of your books and/or pdf's...any advice to chip in here :)

I have seen parties use this before as a bargaining chip to get their attorneys fees paid before they agree to release the earnest money to the other party.This is why you want language that says contractually if that party is due the earnest money for a breach of contract then the holding escrow company can release the earnest money to the non-breaching party without the breaching parties consent or approval.No legal advice given. 

None of my properties do, and the capital tied up in them continues to perform just fine.That said, it's more difficult to find a property locally where the free cash flow is better than, say, the dividend income thrown off by investing in a Blue Chip dividend mutual fund.If you're looking at small Multifamily properties locally and want a first pass "rule," I suggest using a GRM target of 12-14 as a first screen, assuming you're looking for a property that will throw off free cash flow with a 70% leveraged mortgage.If you want to more than basic long term buy it and hold it, you can do it.  

Adelanto, Hesperia, Apple Vally, Victorville, Oak Hills & the surrounding areas which also include San Bernardino, Rialto, Bloomington, Colton, Fontana, Ontario, Upland & Rancho Cucamonga. 

Saratoga is pretty prime, so if you're  cash positive, I personally wouldn't want to sell what will be an appreciating blue chip asset long term. 

Say something like, I bought a house last year from Joe Jackson over on Oak street a couple blocks away?

@Arthur EdmundTry Dan Wasserman in Oak Creek.

We bought it and I spent the next 4 months working on a complete gut renovation of the house, living in a tent out back, begging friends and family to help hang drywall, pull nails from the oak flooring we salvaged from another local home days before it was demolished, or carry in the concrete counters we made out in the driveway.

You can actually go to a mill here and request oak flooring with any dimension you want.