I mean, would doing due diligence on the property first, and then making an offer suffice?

And the only way to figure it out is to get data, data, data.Perhaps we can all agree that having a simple to use rule of thumb like the "50% Rule" is great to do a first-pass approximately of a deal, but that nothing replacing a full due diligence and financial analysis before actually purchasing.As for Bryan's other point about analyzing discounted cash flow (what some people refer to as net present value or NPV analysis), this is something that is tremendously important if you're going to be investing on a larger scale, and it's sad that more investors (in my experience) don't have any clue about NPV and its implications.I think I'll write a BP blog post on the subject, but suffice it to say, anyone reading this thread that doesn't understand NPV should do some research on the subject...

Maybe your laws are different across the Atlantic, but my BIC has done this multiple times.As for paying the person who found the buyer -- $50 will not suffice on a property with this selling price.

Suffice it to say that the interest is MANY thousands of dollars per month.

I've written long posts on the topic, so I won't rehash here, but suffice it to say, your time is probably worth more than the $15/hour you can hire a painter for.- Second, you mention that if you have to pay $2700 for a painter and your holding costs are $900/month, you're saving $1800/month by doing it yourself.

Proof of funds with your bank statement blackened out would suffice valid within the last 30 days.Really I do not think agents will squeeze you over 1,000 sales price higher.

Thus, getting my REA license.ORObtaining my GC license eventually with knowledge and skills on estimating rehab costs and being a trusty and effective GC.This would also be my future employment prospects if investing would not suffice for my living wages.Being my first post, I hope I don't sound too naive.

I would be happy to discuss the associated costs but suffice it to say many locations in Baltimore City do support rehab projects.

TV will have to suffice for now.  

i use Buildium too, but I don't think an email would suffice in court as appropriate notice of eviction.For me, Buildium sends out an automated email when the late fee is applied.