Joel Carson of Utah Real Estate was excellent for the purchase and later with the sale. He's

I'm also worried that, If i tell my tenant that the condo is for sale, he won't renew his lease, and if the condo doesn't sell by december then it'll be the worst case scenario. 

Friend of mine was going to buy this property in order to prevent his grandfather, the tenant, from having to move upon sale. He

I immediately had a check sent out to the tenant for $10,000.Another month goes by and the tenant does not pay - so now he is $4,000 behind on rent.Also I know he has the money because even after his mortgage fees were taken out of the sale he still had hundreds of thousands of dollars in profit made from the sale.The property was in very poor condition but he was living in it before the sale and accepted its condition enough to sign a lease. 

Major factor here is who the house will appeal to, if its a house that likely would appeal more to a family with kids (which most houses are) than the fact that there is a busy street in front of the house will instantly remove it from being an option. also, busy streets only tend to get busier over time therefore property value tends to just continue going down. there is a recent property flip that I passed on because it was on a busy street. large home with comps in the $350K range, it was for sale by the bank for 150k and another flipper bought it, I was too scared to even offer on it because of the street. they finished the house very nicely and they have it on the market for 250k right now. thats $100k below its comps that are just 1 street over. its been 3 months and the house is still for sale, he probably doesnt want to drop price because he likely has little to no profit left.

We have a friend in California who thought he was getting a Bargain on a Los Angeles city corner lot at a tax lien sale. He

@Leon Yang get in here!

I enjoyed Leon Yang's podcast that he'd move to a new city and just go to town.

. : )Check out the podcast with Leon Yang, if you haven't already.

He is hoping to get $130k from the sale. He