Remember to plan for Vacancy (8%) and all the CC and commissions the Seller will have to pay....typically the best deals are off market if you'd like to spend the extra time looking.

@Brian C Brian, I heard from someone about posting a craiglist add for rentals of the units in the building (before you put an offer down), and see how much traffic you get. 

These are always changing as the CC companies are always offering new incentives.

Originally posted by @Dan C. C

:)I'd let the unpaid cc s go unpaid for a while longer, but before you triple your pay.

I think there are degree's of this.and for sure i think the get rich with no money certainly falls into this category.those with some wherewithal entering the landlording game is pretty easy these days pretty much anyone who can fog a mirror can understand it and should be able to at least close a deal.now if they like dealing with tenants and PM's after the fact that's another question all together.I think also those that drink the wholesaling koolaid.. some markets its doable many it simply is not either price points are too high and sellers to tough.. or lack of distressed and burnt out landlords etc.So when we see someone who puts a big batch of marketing on their CC  I with no real experience or sales skillsI personally see that as risk with limited chance of rewardReal estate is capital intensive to do it right most of the time and in most areas.. do think it can be done with no capital then you better be one hell of a salesmen. 

While I've been working on paying my CC debt and getting my credit score up, I've been on the lookout for multifamily properties.

MySmartMove send them an email to enter in their personal info/CC and asks them to release the information to me.

If you need an appraiser I know a great one who has been on the ground for years, Gizzi AppraisalsI live out of state, in fact out of country, but now embarking myself on my Cape Coral adventure.I have a healthy cash flow portfolio in Sarasota, but can't find the deals anymore so have headed south and buying lots and starting a build program .I come out with between 40-50 per door net if I sell them straight away, but looking to cash flow as well, some great things happening in Lee County and they encourage inward investment.What I love about new build is the hope that nothing goes wrong for at least a couple of years, and insurance is lower as built to new codes and elevation for floodGood Luck, Lehigh is interesting have been thinking about land banking there but the deals are so good in prime CC it doesn't make sense right now for me personally.Would love to know how you get on with your 4 plexKeep in touch, this is such a great place to exchange ideas.SarahW

They let my tenants pay with CC too if I want.