Making sure your tenants have put all personal belongings where they are not accessible, cleaning, staging, etc.. are all harder in a property where you don't control the furnishings.  

The reality is if the broker/agent puts the exclusions in and the property is staged correctly and priced correctly the guarantee will not be used.There was a student of this system years ago that I remember was sued by a home owner.

And mind you, I only bought it for $95k, so $40k in appreciation on that is pretty hefty.Now, to be clear though...I bought in Atlanta when it was at it's infancy stage of the expansion cycle, so that amount of appreciation stemmed from that.

I'm still in the VERY early stages of developing the system and working with Jerry to get the right information to the right place.

Terrific rehab project, and your staging is fabulous, Vonetta.

I also know that for the most part in taking my baby steps that the makeovers I see, probably are too costly for the type of houses I am involved in, but the ideas are worth looking at the shows.The one thing I have belief in is the staging they do.  

I was going to buy my first rental here in Houston, TX, I was going to put 20% plus pay closing cost on a 94K ranch style property, I'm about to put 30K to acquire this, I think this is excessive, I'm doing something wrong, anybody can tell me what I'm doing wrong?

We bring rough construction, staging, interior design, mortgage broker experience and integrity to the table.

So if you won't have multiple projects in parallel or other productive uses for your excess cash while your flip is in progress, I think it makes sense to use it in the flip as opposed to sitting in your savings account, collecting nothing but dust, while you pay points to take out a 12% loan.

You'll have plenty to dive into here so don't be surprised if this stage takes a while.