That's is a GIGANTIC spread, you should be able to upgrade your 2/1 with all the latest accessories and top of line finishes for about $12k per door.

My name is Anne Cruz, I am the Global Head, Open Account Trade and Risk Distribution Operations, Standard Chartered Bank, Hong Kong. I hope my Instincts find you well, I saw your profile in BIGGERPOCKETS, I will like ...

(Action Item #1) Ask a realtor for the latest MLS comparable sales 1) going back 6 months, 2) within your neighborhood, 3) within a 10% square footage differential and 4) the average market time (time it took to sell).

I'm fuzzy on the latest 506a changes in this area.

That's very helpful in clearly understanding the risks involved in the business, something most people avoid talking about...when they are selling you their latest "system"...I haven't (yet) had any unsuccessful flips, but I definitely have had tenant problems.

.- Big thanks to our latest partner, Grasshopper.com, offering virtual phone numbers for entrepreneurs.

Latest example Purchase price $71,100 cashClosing cost $1,600Rehab $31,000No cost Refi at 5.5% $103,700New Payment $760 a month PITIMonthly rent $1,400 (low for a rehabbed 4 bedroom in MoVal)2 months vacancy brings net rent to $1166.67I manage my own properties so no cost thereNet monthly cashflow $406.67The house has been remodeled from top to bottom.

They now think they we are being greedy and may not accept our latest counter-offer.Here is my point, I am finding that buyers and tenants are getting more demanding while they are becoming less in quality.

With my latest rehab since we're keeping a lot of valuable tools and such inside I'm not putting up a For Rent sign yet.But with a dupe that just recently had a kitchen fire the For Rent sign is up and calls are coming in.Unfortunately that seems more a waste of my time since no one is willing to pay an app fee until they can see the finished product.Don't really blame them, either.

Are you willing to make the sacrifice that you might not be able to go out with your friends, or that you will miss the latest xyz show on TV on tuesday nights?