If you're going to be dealing with tenants who feel free to call you up to insist you can't evict them peacefully, sooner or later, you're going to come up against an unpleasant truth they don't tell you in the real estate classes: irrational and violent habitual losers with little to lose act like irrational and violent habitual losers with nothing to lose once in a while.

The "irrational exuberance" brought in buyers though.

Utilities costs (Gas, Electric, Water) for the past 6 monthsThis part of your motivated seller questionnaire gives you the information with which you'll be able to decide whether the property needs a short sale, whether seller financing is an option, and how to structure a deal or an offer that can work for both you and the homeowner.You'll also need this information to properly market the house to your investment property buyers.If you're a new real estate investor, I hope you arm yourself with the information on this page to work out win-win-win solutions for your sellers, your buyers and yourself.Motivated Seller Questionnaire Red FlagsThe power of the motivated seller questionnaire is that it helps guide your interview process, and gives you a framework to make the screening as conversational as possible (In other words, it's a script, without the mechanical sounding words and phrases).It helps you in the 4 following ways: Avoid Outright deception by prospective property sellersProperly screen your inbound leads for seller motivationHelps screen out irritable, irrational, potentially psychotic people you should never, ever deal withHelps you build rapport with target ideal candidatesSupplies information to help structure your dealsAvoiding Outright DeceptionI've had a property owner tell me "..All the house needs is less than $5,000 dollars in repairs, and it's ready..." on a house that clearly needed so much work ($35,000 to $40,000 dollars) that no buyer or agent had ever called him back.Better Motivated seller screeningBeing a successful real estate wholesaler is a matter of alignment.

Costs of ownership (insurance, taxes) also increased and in some places are irrational.

FEAR   irrational as it is.and two they could not refi right away.. for a cash buyer ( true cash buyer its a bonanza)

It's coming off an irrational low that savvy investors like @Michaela G recognized.  

So, I don’t mean to act fast to say irrationally quick or anything.

Some people are irrational about their privacy or financial preferences.

No seller ever tells you about their bad tenants, tenants can get irrationally spooked with a new owner, etc. so costs are usually higher than a pro-forma.

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