I know there is a supposed extra layer of protection but if I have a 2 million dollar insurance policy is that good enough?

Just starting out with BP, but thought this would be an interesting post to start out with... 1) 97 Days from Acquisition to Flip Closing Purchased: $28K +Rehab: $28K +Interest to investor: $5K Sold: $100K -Realtor: $6K -Concessions: $6K ---------------------------- Net: a little over $26K 2) 105 Days from Acquisition to Flip Closing Purchased: $54K +Rehab: $6K +Interest to investor: $8K Sold: $100K -Realtor: $6K -Concessions: $6K ---------------------------- Net: a little over $22K (had to rent property due to FHA-90 day rule--made an extra $1K from it) 3) 32 Days from Acquisition to Flip Closing Purchased: $28K +Rehab: $0K +Interest to investor: $500 Sold: $35K -Realtor: $0K -Concessions: $0K ---------------------------- Net: a little over $6.5K REOs are fun when you can get good deals.

Why pay out extra money you don't have to and shouldn't have to!

The truth is that the vast majority of rental properties are bought by newbies who know nothing about the rental property business (i.e. ignorant newbies), who will crash and burn in a short period of time.

Now that can be done with the rollout of version 2.What's even greater is that XSitePro version 2 is improved with a number of new extra graphics.

This extra time holding the property costs money too, in missed opportunities for example as well as carrying costs.

The truth is, it is not that they can't, but won't.

Almost all sellers will lie or hide the truth about actual operating expenses and make the income look better than it is.

Offer them an extra $10 per cleaning if they keep they place stocked, plus of course you  reimburse them for all the supplies. 

Now that you know the truth about the work, let me tell you how it feels to earn an assignment fee......