Without any major renovations, we strategically sold the property the same day for $20,000.

The landowner simply wants to get lots sold and create activity in development.

First off, not a fun position to be in where you have a good feeling but not fully sold on a tenant.

This will allow you to run specific underwriting and projection tools to better assess each option.Remember, owning a property with a pool comes with added expenses, such as heating, emergency and routine maintenance, and higher insurance costs.

Ya'll if you are trying to do a deal where you need a lender for an earnest money deposit, you're a tool who's got no business putting somebody's property under contract.

I have bought over 15 million and sold over 50 million of real estate in the Cleveland and Columbus, OH markets in the last 3 years and the vast majority comes from 1 - cold calling targeted areas consistently with good data2 - networking with agents, wholesalers and those who are consistently doing deals.

If they won't clean it up, talk to the City and see if they have any tools that may help.

They provide all the tools you need, with weekly calls, one on ones, a private FB group with open communication 24/7, team connections, and accountability partners.

I pushed back on this and requested a re-appraisal - I submitted comps showing what other less desirable condos in my area have recently sold for - but the appraiser is sticking to his estimate (of course he's not going to admit he made a mistake).

If so they would have sold their house for (ultimately) $75,000 more than they did; received 9% interest (probably as much or more than if they invested the proceeds) on the amount they were waiting for, and if by some small chance the borrower/buyer defaulted, had an opportunity (along with the frustration, cost, etc) of reselling the property and obtaining a “windfall” profit.2.