If you do it the shotgun way, you probably will send 200 offers before you get anything remotely close to becoming a deal.Just know that a lot of people already do this shotgun style and it is very annoying for sellers.

Another option, very “Rich Dad Poor Dad” style, is to buy an asset to pay off the liability.

The first thing we did was renovate the rooms with Western style amenities, added a new gate and enclosed the property with a new wall.

Would love to pick up some additional multifamily properties if the price, location and style makes sense. 

Look for homes that are similar is size (within a few hundred square feet), style, number of beds and baths.

You should have said I am living a extremely frugal life style, am paying the bare minimum for a room to rent and am saving every possible penny I can planning for the future.Real estate investing is hard work and takes strict dedication to succeed.

Hoa are a second position lien.When buying tax deed sales or other auction style properties due dilligence is required.Associations in florida are to put it simply scumbags and will try to collect(much more then they are allowed to fine per law) prior to first positions moving from lis penden to foreclosure.

With an average sales price of about $550,000, that means that they're within $110,000 of the actual value - EXCEPT for the 20.7% of the time when their error is MORE than $110,000.The one reliable way to determine value is to run precise comps.That means looking at sold homes that are very similar in style, beds, baths, sq ft of living area, acres, basement, garage, septic, year built, condition and upgrades. 

We wound up replacing the roof, the majority of the plumbing which was an old style of grey pex that was known for bursting, upgrading the electrical service, all new HVAC with ducting and so on.

We're starting an online service to provide homeowners with content, resources, and advice during any home renovation, and we plan to create a multitude of blog-style content for the site.