Some managers act like rent collectors only, so after the lease ends they find out there was a bunch of damage to the property and are completely shocked by it.

Thanks for the response @Ellis San JoseAs for that letter I am not an expert in this area at all so I would like to find that "perfect" text to get MOTIVATED calls.I'd think that you would want to indicate something about buying "As Is" or being able to close fast or something that would at least give a hint that you didn't just walk by the house and fell in love with it.That is more or less what that other letter sounded like so not shocking that there were a lot of calls, from people thinking they could get full retail (or above) for the place.

I have been here from SoCal a little over 10 years and still experience culture shock from time to time!).

Get it to where you want it but do it slow and the "shock" won't be as bad.

It was shocking to me and I keep that lesson in my head going forward with my investments.

What if I have a signed agreement with my friend/client prior to her going under contract with my broker.I can say that Im truly shocked and hurt by this behavior.

This was quite a shock.

I have no knowledge to contribute here, but I am shocked that a bank can call a note due and still expect a pre-payment penalty.

So if I think it's a deal, he is on boarddeal #14 $75K purchase for 3/2 SFR, needs $21000 in repairs, will sell for $150,000, will use hard money, fix and flip, or might keep as a rental, will rent for $900/monthdeal #15 $105,000 purchase for 4/2 SFR, needs 13K in repairs, will sell for $160,000, will use hard money, fix and flip, or might keep as rental, will rent for $1100/month---------------------------------Real estate has allowed me to create over $600,000 in cash and equity in less than 2 years, I'm still pretty shocked by that, but very happy as wellI've never done direct mail, these were all done by networking with agents and writing 300 + cash offers to purchase on properties listed on the MLS.

Another shocking truth is that quite a few who claim big success in REI did it during the bubble.