I would be very happy at 1% below the commercial rate at that time.Guy who sold me his properties held onto his newest building after unloading 6 others.

I was thinking of talking to Dunn Lumber (love those guys) but not sure how competitive their prices will be.

Also, your podcast was real, inspiring, helpful and makes me feel like an eviction is not the end of the world and could even lead to better purchases an owner may want to unload.

I own one SFR rental that cash flows in B+ location which used to be my primary residence. By the numbers it doesn't meet 50% or 1% rules but is a very desirable area by young professionals. I believe the best value i...

The trees were cut about 7 years ago for the lumber value.

This includes loading, unloading, and disposal.The price may go up based on the 'ick factor' or if there are many smaller items; thus, we go in with trash bags ahead of time and get all of the ick and small items in trash bags and leave them througout the place.

The concept now is buy at a great price, do a great rehab and sell.In a hot market the girl from 711 can move a house after purchasing for $100k and hoping to unload for $150 without paying the first mortgage payment and not doing any repairs.

Their lumber is cheap, but not always the greatest quality.

Many times you can sister lumber on each side, at least 4ft past the rot on each side.  

These are multi-family buildings (1-4 units) where we expect the rent roll to increase over the next 5-10yrs + additional appreciation of the underlying assets (we have not priced this into our valuation, we are relatively conservative - $4M is what we expect if we unloaded our portfolio today).