Like everyone else has said, this is the best resource for building knowledge on Real Estate investing.I'm an investor in Northern VA, in Prince William county.

Thus I'm doing my best to find a "Prince among the Frogs" and ask how to perform my due diligence on wholesale mentor programs, and for recommendations on any that have stood out for others.

I'd hate to hear some "Nigerian prince" ran off with your money.

I am in Denver and have been investing for 3 years now...was doing a lot of fix and flip but the fip side of things has gotten tight here in denver. anyhow saw you were in virginia...are you close to woodbridge/ prince william (county)?

"Chuck'' Prince III and a 45 percent slump in the company's stock.

My cash flow analysis needs to consider....Cash Flow = Rent - Debt Service (Princ and Int) - All other expenses (est at 50% of Rent)So if you do a little math and want to figure a rough break even point on either the rent or the debt service, you can set cash flow = 0 and solve for one of the other variables.e.g. 0 = Rent - Debt Svc - 0.5 Rent 0 = 0.5 Rent - Debt SvcConcluding that .....Debt Svc = 0.5 Rent OR Rent = 2 Debt SvcSolving for rent will tell you what you need to charge given the acquisition cost of the home in order to break even.

So a fair offer close to what they want, plus interest (around 50/50 inter/ princ) on a 15 year more on a thirty if theyll go 30, lower payment for you.

Good Luck,Diana

If $1700 is market rent and market isn't saturated, the prince shouldn't be a problem and renters typically are renting because they don't want to commit to a mortgage and/or may not qualify or need to move in a few years.

@Brian Prince another hoosier!!