Simply awesome! 

My thought is FLA is sandy soil and you simply dont have as much problem as other areas.. its very cheap insurance for a buyer.. and now a days 10 to 20k to replace the line is kind of the going rate..

Do you think Airbnb and VRBO consider your best interest and profitability when determining pricing, or are they just worried about getting guests into your place?

Thanks guys - my partner does the Brokerage and we were discussing how to address the commission - we are fine paying just debating how to handle the upfront question when the Buyers agent calls about the listing ...My thoughts were to simply state that Seller is fine paying a commission and put it in the offer - and he wants to offer the % upfront ... 

There are thousands of these apartments in Hudson and Essex county and there simply isn't enough manpower to enforce them all and it may even be against their interests to do so. 

On top of that - you're simply creating a new job for yourself when it comes to rehabbing, managing, generating leads, analyzing deals, making offers etc - so now you have to scale and outsource responsibility.

Sadly there is so little inventory that many are simply trying to last as long as possible and wait for the constable to tell them that the moving trucks are here for them. 

Same guy handled a triplex rehab (the one with the theft), and that's where he took money that he simply pocketed or used in some sort of Ponzo scheme to pay off other debts (I have no way to know, but the money did not go to contractors or to continue work at the site).

What's being pitched as wholesaling is simply illegal real estate brokering.

i used FHA for the first property so it may take me much longer to have enough money to buy the second since it wont be FHA but I don't want to wait several years. are there any other strategies to buy properties quicker or do I Simply just have to wait until I have enough cash?