I guess it is a sign of time that traders discovered real estate.

Yes, how I love to feel greedy.. sigh..

Not daily, but I'm not a day trader-I'm long term and always have been.

(deceptive trade practices act)Sucks in the market conditions.Too many greedy folks screwed the pooch.

Kalyn everyone wants cosmetic properties.You will find regular home buyers do not have to resell and will accept way less of an equity position and pay a higher price to get a home cheap with a low monthly payment.Their goals are totally different than a rehabber.This is why a bunch of success is taking on properties where a home buyer is not a competitor but it drives down the price with the property not being loan ready.If your offer of cash is just slightly lower than a finance home buyer the asset manager might still choose you.If there is a wide difference the asset manager might take a shot with the finance home buyer to net more.It depends on a bunch of factors which is being at the right place at the right time.You also have to understand local,regional,and national banks make decisions in different ways.Kayln are you offering to let the listing broker keep all the commission are are you getting greedy and asking for the co-op??

I think a lot of people got greedy in the past couple of years and then the market dropped in stocks and real estate.

+ much higher fees at retirement and not have full access to the funds for 20+ years.I am a horrible day trader.

I don't want to be greedy, and the 25% is enough to cover all our marketing costs and then some...

Most money has been made by traders.

Aim for 8-13% CAP, buy in nice areas that are appreciating and rent to young professionals, don't be greedy with your rent.