Just don't deceive them.......ruining a relationship over money is the last thing you want to do so put everything in writing so there are no misunderstandings.

I do agree most wholesalers do not have a clue of what they are doing but what industry doesn't have a weak link.Carelessness, misunderstandings, and the inability to recognize and act on a good idea, creates opportunity for the next man.

., sorry for the misunderstanding!

@Jean BolgerApologies if I'm misunderstanding, but do you mean that the PM is rehabbing the units, or were all units rent ready?

Jeff, You are misunderstanding what Nick is saying.

In which case I think cap rate and cash on cash return are the same if I'm not misunderstanding. 

Insurance also doesn’t protect you from misunderstandings, especially those made in writing and email.

Cash is dangerous and leads to misunderstandings.

No, you have a lot of misunderstandings of taxation and the basis etc.

@Amy Ranae I might misunderstand what your asking, and I don't think these are Cardone's handywork, but have you considered the "50% Rule," or the "1% Rule" that we see often on BP?