Their wife’s trust fund is the “real” buyer.5.

Beautiful areas, I also like hwy 49 in Sierra foothills, hwy 9 saratoga to Santa Cruz, Hwy 35 "Skyline"",  us 129  "tail of the dragon" Tennessee, I'd like to ride the Al Can to Dawsons Creek 1 day.

Hi all, new here at the forum and thank you all for all the knowledge you guys share…its amazing.I am interested in this question as well as we just got back into this from like 10 years ago, few things have changed for us, and the main one is finding deals with whole sellers, sometimes the price looks good, but once we add numbers we are currently seeing that everyone else in the deal makes tons of more money than us….for instance, we have checked properties now, where we pay closing cost, interest on a portion of the borrowed money, commissions after selling the property, etc and we see 30-40k going out on all of this,  then we barely make a 20k profit or less on a property of 200k …many of the deal we found we barely get close to a 10-15% of the initial purchased price, which to me sounds like a lot of hassle and my wife says that i am getting old and too picky :)i keep saying that ideally we should shoot for 15-25% profit from the purchase price…if i get a property at 200k and the rehab is 50 and everyone else makes 30k then we should at least net out 30k as well.

There are so many different opinions and mine is just another one of them, so take it or leave it, the beauty of it all is you can do what you are comfortable with and what will work for you!

Wife and I are willing to risk paying another months worth of costs (but it was in our budget to begin with) than to rent to the one stated above.

Was the husband or wife the Tenant?

My wife and I own a fitness studio just outside of Toronto, ON.

I'd have to jump in full-time, live off my wife's income, be a "stay at home" dad, and still have to find deals.

so, this evening as i spoke to my wife about a property i have found that i am interested in.

A beautiful spacious kitchen can make or break a rental.