Jeff, while paying cash for properties is a great way to get great deals, holding the properties long term with no debt held on the property leaves cash equity sitting in the waslls earning 0% interest and removes one of the two greatest advantages to RE investing in my opinion - leverage.This is not to say that one should over extend or overleverage as moderation is good not just in drinking, sun exposure, or eating, but in applying leverage.

Useful for chunks of cash and income• Level & cost of repairs – Based on experience, desired level of repairs & 2 contractors estimates (cosmetic is less than $10k, moderate is less than $20k) __________________________________________________• Positive Cash flow – Must net at least the amount it needs to desired plan contribution (i.e. min $100 per month). ___200_________________________• Gross Profit - (Can be split among several projects).

*Property Details:-3bd/2ba Single Family Home (1,821 sq ft. on 11,349 sq ft lot)-ARV: $185,000+-Rehab Cost: $50,000-Small farm town in Central California (Lindsay, CA)-Moderately distressed and ready for a rehab-Located in a quiet and desirable neighborhood*The Numbers:-Under contract for: $80,000 (seller's profit)-Assignment Fee: $10,000 (my profit)-2nd Assignment Fee: $5,000 (2nd wholesaler's profit)-Purchased from end buyer for: $95,000*My Wholesale Costs/Fees:-Cancellation Fee: $500-Termite Inspection: $90-Junk Removal: $200*My final Wholesale Profit: $9,210I also got my EMD of $5,000 back from the seller since he received full payment from the end buyer!

For ink, denatured alcohol or hairspray does the trick.

It can add 35-39%.The FCRP is moderately important.

Free isn't really free, after all.You can pull data at the recorders's office or you can subscribe to a real data service.The service we use costs $59.95/month for the pro version.I'd post it here but moderators will delete it.

www.joecraftcpa.com if you are looking for a referral Moderator - no affiliation other than he is my accountant and most of my partners use him also.

MODERATOR:  THIS IS NOT A SOLICITATION FOR A LOAN.  

If you are J Scott one of the others moderators on here does rehabs in your county (Cobb) and has been for years.

We ARE investing in SoCal, with moderate cash-flow and the potential for appreciation when the economy recovers.