Low inventory, higher rates and a LOT more investor competition have made it quite a bit harder.

8%-11% is pretty standard here and as someone mentioned it really just depends on how the company is run.

Hey guys,This might be a super basic question, I'm still very new to wholesaling.I've been a Utah realtor for two years now and a beginner investor.

When they decided to inquire about the rescue fund they left me out of all of it then threw me on a call with the lender, rescue fund, an attorney they hired for themselves and a few partners.

It’s an interesting approach, but ensuring a strong screening process and a legally solid agreement is key.

It is very important that the Wrap Mortgage is written at market terms using a knowledgeable attorney, an RMLO, and a servicing entity.These have risk and I'm not saying a new investor should go out and do them. 

I live in the Las Vegas market and have investments and a real estate brokerage in Henderson.

Off market deals usually have nonrefundable deposits and a clunkier process that isn't as suited for out of state people until they have good contacts in the area to evaluate the property (mostly contractors that feel comfortable evaluating projects for you).

If he doesn't move out you have to go to your county precinct office and file for eviction, at which time they will give you a court date and a constable will notify your tenant of the court date.  

But overall it looks like a great looking place and a nice addition to your rental portfolio.Good Luck!