Hi. I Have properties for sell in Philly that I've purchased via city tax auction. I only focus on vacant houses that have no redemption period after the deed is recorded, and are also title insurance eligible immedia...

The uppers go in first, and I have a trick I use to install them myself.

Some are abandoned homes, some are open land, and some a fixer-uppers but they are all in a striving market.

I feel I must correct myself I'm originally from Upper Marlboro, MD but I currently reside in surry va.

I feel like once they settle in, it would be better.Since u have a year worth of rent, I feel like u have the upper hand.

I also mostly buy fixer uppers, but have excellent repair people and pay less than most for repairs and rehabs.

Think of the difference between an individual finding, rehabbing, and renting a property vs how a company handles it: When an individual goes to buy a fixer upper, they may get a good deal or they may not, depending on their experience level and, frankly, confidence in their ability to negotiate.

This may help me and other out who read.Income in (Job no investments) $2,200/moIncome out - all expenses - $210 student/auto + $1,150 (all mortgages) = $1,360 Living exp vary $550-$700/moPotential income (planned to be realized fully starting february) Duplex 1 - Lower $1,100 Upper $750 = $1850Duplex 2 - $500 per side = $1,000Duplex 3 (turnkey 1 rented, other filled by foy - $400 + $525 = $925Totaling = $2,775 All buildings have new roofs, and will have new hvac.

@Aaron Klattits not taking advantage of someone if you're upfront and honest about everything. if you're putting in the time and effort and money into a fixer upper for 6 months you deserve to get paid as well as much of that 70% is for closing and holding costs.If someone is behind on payments you deserve to get paid for bringing them up to payment on time.Obviously you should be telling them that they are able to make more money on the traditional real estate market, but if they dont have time to wait 30-60 days then this is where they need an investor

[If others disagree, I'd like to read why].So if your motivation is purely to maximize your current investment, perhaps find out how much the cheapest fixer-upper small studio, in as worse a neighborhood as you could stomach, in as far a radius from your work as commutable, would cost.