If urban to suburban over 1 mile is not an accurate comp.In fact when I do BPO's for banks and mills they want usually within 3 miles for rural and sometimes up to 5 mile radius or less.Suburban usually 1/2 mile or less but up to 1 mile in certain circumstances.In Urban core they want 1/4 mile or less.The BPO companies and their clients feel even if a comp doesn't match up that's close they would rather have me make adjustments than go to far out of area where they believe the comps do not match to the subject.So I would re-look closely at comps and try to find better ones that are closer.Example if you can only find solds 1 mile away for 180,000 but no solds near you but actives for 150,000 then the 150,000 or less carries much more weight.The buyers are giving with the data that they will choose to pay more for a similar property in a nicer area and pass over the actives where you are willing to purchase.

Go up to the top of the screen and mouse over "resources"; choose FilePlace.Or just click here: http://www.biggerpockets.com/files/category/contracts

If someone is going to steal my iPhone out of my pocket, they could also steal my wallet, and I'd be more concerned with losing that than my iPhone.Thanks for bringing attention to the fact that people who choose to secure their iPhone 4S need to also set Siri to "off" when the phone is locked.

The agent is legally required to submit the offer to the seller for consideration, and if the seller chooses to make the bank aware of the new offer, that's his prerogative.If the agent refused to submit the written offer to the client, speak with the agent's broker...

Whichever you choose, I suggest you start by getting educated in that field starting right here on BP, then perhaps with an experienced investor in your area who is actively and successfully doing it!

The structure is really to allow 2/4ths of the principals in the development to not participate in the fund if they so choose.

Kalyn everyone wants cosmetic properties.You will find regular home buyers do not have to resell and will accept way less of an equity position and pay a higher price to get a home cheap with a low monthly payment.Their goals are totally different than a rehabber.This is why a bunch of success is taking on properties where a home buyer is not a competitor but it drives down the price with the property not being loan ready.If your offer of cash is just slightly lower than a finance home buyer the asset manager might still choose you.If there is a wide difference the asset manager might take a shot with the finance home buyer to net more.It depends on a bunch of factors which is being at the right place at the right time.You also have to understand local,regional,and national banks make decisions in different ways.Kayln are you offering to let the listing broker keep all the commission are are you getting greedy and asking for the co-op??

Make a web sight, some business cards, that makes it reputable. 3) Form your investment property as an LLC, because you can choose your taxation, and move it to an S-corp very easily if you later choose to, but you will have a hell of a time changing a S-corp into anything else. 4) Lend the funds from XYZ lending too XYZ properties, this mitigates all losses, creates returns, etc..

I've got comps, photos, and video on a webpage.

It sounds like a good idea but a lot of people might want to choose their own inspector.On the other hand, it could also open a can of worms for you if a severe problem you didn't know about is found.