Good morning my BiggerPockets community!

I love looking at properties (just looked at 5 this morning), driving neighborhoods, analyzing deals and learning everything I can about real estate and investing.

The flooding occurred early morning.

If you end up getting a soft spot that blows through and does leak, your expenses go way up.You should have replaced the roof already, but are holding on to the reserves anyways...... so the question is why? 

so to play devils advocate Pratik  if the property will sell for 200k and you negotiated 150k  and in Sac you could list it on MLS for 200k an sell it in a matter of hours for all cash.. what value do you bring to this deal for the seller.. they would net closer to 185k than 150k I see this all the time that wholesaler bring value in some markets I get that especially low value super rough areas that are underserved by the RE community but I fail to see the value proposition you bring when you make these kinds of margins.. how do  you explain this to the seller that their home which you KNOW is going to sell for 200k is only worth 150k because you want a big pay day.. how is that bringing value.. ( just playing devils advocate this morning and curious of your response or rationalizing this )

HUD just requires a bit longer in underwriting, has higher soft costs and will require more property scrutiny. 

Good morning BP nation!

Over the past six months I have been listening to the Bigger Pockets Podcasts and reading a couple of the books that guests recommend (Rich Dad Poor Dad, The Miracle Morning).

Good morning BP family!

I actually had a meeting with a representative of my broker this morning and there are a lot of rules to be careful of when being an agent and doing wholesale.