Use this to dictate your advertising, it gives you straight numerical statistics.

I though BP civil war had just broken out.Happy Birthday Will.

The buyer I have has been doing this since 1992.They have about 300 properties over multiple states currently.They have websites and from my research they house disabled veterans making a transition back into life from war or getting on their feet again.They do not allow drugs or alcohol and the typical period of the stay is 2 to 24 months at a time.Apparently this buyer can offer me more renting out per room to the veteran then what I currently get which is 850 a unit.Since he can achieve higher rents per room I get a great profit as his NOI is much higher even paying me a higher price.I will let you know how it goes.They are work with veterans and no other groups of disabled people or boarding etc.Mentioned something to me about they would have to repair the units to VA standards and then they receive money.

If not she has to sign an acknowledgement form for the 400 and provide a copy she cashed it before she will be paid the other 600.If I am making 50,000 in commission I will pay 300 split between 2 brokers instead of a war between a wronged seller and a house cleaning person.If the lien was much higher then I would look at it closer.It's a case by case basis with these liens.

Yeah you have to know also what the rents will be.You can have 2 properties identical.One is in a much better location and each need 20,000 in work.You will get a higher price for the better area because investors sometimes will take less margin for a better location.The rents may or may not be the same.In the war zones I have investors that buy but the cash on cash on other returns have to be much,much higher to make the extra risk worth it.So I don't look at just repairs with these types of properties.Some of these older houses it's almost a loser if you get it free.The old house would take more work and cost than the ARV value when finished.

After swapping some flipping war stories (he is their exclusive agent for that zip code and a few surrounding it), we got down to brass tax.

So I will be shooting for a firesale/bidding war (fingers crossed).

I have just under 30 properties in varying states of rental, leas option and owner financing.My big goals for 2012 are that I am trying to wholesale more properties this year to build up my war chest, and replace my wife's full time teaching salary with new passive income before the end of 2012.

Steve Hukari:Steve, welcome to the forum.Your offer concerning Excel, is a very generous one.I would imagine that you will get numerous requests for that help.I hope that the requests do not overwhelm you.Raymond

I usually break it down by location A,B,C,D (war zone) AND age A,B,C,DUsually ageA 0- 10 yearsB 11-20 yearsC 21-30 yearsD 31 and upYou also have to factor in when an older building has been rehabbed and upgraded.Not just the cosmetics but all the mechanicals etc. to make new again and added amenities for today's standards (separate utility metering,pool,washer and dryer in suite,etc.)You won't find certain amenities with smaller properties.There is alot more than this with analysis and this is just ball park.