thank you @Mardochee Pierre very much although i do plan to flip it for a profit i would like to live there a year or two and make it a vacation rental when I'm not there and really don't want an inland house although i do notice a majority of the waterfront homes are actually just on a canal and there is the whole hones beech long beech rockaways etc... acting as a wall in my opinion.....mainly could you perhaps recommend an experienced inspector that could assist me when i visit the open house... they do provide all sorts of inspections and property information but i just don't trust them after all the whole thing is organized by some 3rd party company making a profit off the 6% commission at the auction so obviously they could be less than truthful... also any information from the state which owns the homes at this point i really wouldn't trust because i know the state can say one thing and than a local town official could come around and say oh no no you need to teat that house down etc...

Hi, I'm a new investor who has listened to almost all of the BP podcasts and have read a significant amount of information regarding real estate investing. This is my first post and I look forward to the help that thi...

I think 500 dollars is a good number to market with every month, but ultimately I came to the conclusion that we live in a time where you can tell people exactly what you want or expect so that way your dont waste either parties time. 

It's a win-win for both parties involved.

Hi Ann,You can get a BPO and O&E for a bit less than FCI charges if you go direct to a third party provider.

I guess i might be little late for the party ...but better be late than never :-).

I know on BP they always say don't rent to family and friends and for the most part I agree but to your kids especially when they are responsible and in college I don't see an issue.

And of course the seller knows his estimate will never happen, so the difference in between will be the room of negotiation for both parties.

I would have contracts in place to protect the interests of all parties so everyone is safe, secure and profitable.

I'm betting there are zoning requirements for renting the storage unit out to another party besides the home tenant.