Water and electric?

You can lead a horse to water but you can't make the horse learn math.

Property details: 3 bed 2 bath both sides with attached garages, aluminum siding, copper plumbing, 1972 construction, separately metered, all electric water heater, range, dryer, public water and public sewer on a slab foundation in a great school district right next to brand new construction everywhere.

I describe that on my pod cast with bp # 222 I become a ghost at $10m cash mate (Not equity or assets) lolWon't pick up the phone anymore and laptop is going into the Mediterranean waters hehe 

Also, the water could have entered from other areas and traveled along a beam and exited the kitchen ceiling.

If you don't know how deep the water is, you may get more than just your "feet wet".Third Lesson.Cheap and discount are not the same thing. 

Although instead of knowing about roofs and rehab.. land folks need to know about:Zoningwhere is the power  is there internethow deep are the wells or is its an area that water is super toughDoes it perc. and or how expensive are septic systems.Wetlands Etc.Now if you target land with all city services then its just dead simple.. figure out the retail value and buy below it and do your flip..

My 2 cents is right there with the other guy, get into something on your own first to test the waters and know what it’s like to actually buy and do some work.

ABC kept the first two and half months of rent from the rental guarantee for tenant placement fees and utilities (water, electric).

Purchase price: $300,000 Cash invested: $31,0002/1 X 2 duplex with new roof, newer AC's and new water Heaters in really good shape.