By searching out mispriced assets - Assets (property) that is being sold for less than what it's worth.Let's take a look at how our Sokcho Investors apply Intelligent Investing rules to Property #2.Original Asking Price: KRW 150,000,000After Negotiations: KRW 100,000,000 + 10,000,000 for all the furnitureKey Money deposit from new tenant: KRW 100,000,000Out of Pocket Price for our investor: KRW 10,000,000For KRW 10,000,000 our investors were able to get a room full of very nice furniture (in fact, one regret they had was leaving the nice furniture in there and not replacing it with sturdier, furniture) and control of an apartment in this building:Here's an important point to consider: The negotiation down to KRW 110,000,000 wasn't simply an arbitrary number to 'buy low' - but it was based on understanding the market and knowing what the current key money rate for the apartment was.

The neighbors mentioned they were occasionally spraying the outside steps as the bugs were just spilling out.I'm the kind of newbie investor that gets really excited about the potential for a property - I literally spent hours at a time in my first rental planning out the rehab and envisioning what I was going to do to the property to make it look great - exposing brick, reconfiguring upstairs layout, enhancing outdoor space, etc.

3) Outdoor - from bandit signs, to billboards, to complete car wraps...4) TV spots

Before I read it I thought it was outdoor hardwood floors, haha. 

Two of my friends text me photos when they are shopping for furniture, rugs, window treatments-so I can help them decide what to choose.

They finally evict the owner by getting him arrested at his house on back child support, within a few weeks bank has a moving company and other people there clear everything out furniture old car in the driveway etc.

There are professional stagers in the DMV because it's a lot of furniture to deal with for an occasional stager, if the property is empty or the current furniture is all wrong.

So far, so good.I then received a series of frantic emails from both tenants (they are a couple) claiming amongst other things that the painter had moved all of their bedroom furniture, leaving everything for them to put back, and that the painter had interfered with personal items.

I can't speak for all TK providers, but since my model is designed for long term buy and hold, then I am going to over renovate the home with granite in A+ properties, vinyl plank flooring in high traffic areas, brush nickel faucets, oil rubbed bronze fans, brush nickel cabinet knobs/handles, new vanities, new counter tops, address 98% of the items in the buyers inspection report, thicker carpet and carpet pads in the bedrooms, ceramic tile in showers and bathrooms, new supply hoses on all plumbing connections, update electrical systems, fix/install fences, repair outdoor storage, etc.  

I work full time as a furniture store manager and I've decided to invest in real estate for my retirement.