As the banks have probably realized large losses, they sometimes are unwilling to expend any time or money, and further liability.

Hello, We are new to the real estate world and would like to expend our skills to Wholesaling and Tax Liens however we are not sure how to get started.

Once things turn, probably late 2015 early 2016, I'll be back in the US.Until then, unless it is a phenomenal deal that finds me, I'm just not expending the time energy or money in the US market.

If you paid 100K for the property and expended 25K in initial capital improvements, then use 125K as your cost.Going forward, you would put together your operating forecast/budget to include all the typical expenses: utilities, property tax, groundskeeping, admin, marketing, etc along with your allowances for vacancy (8-10%), maintenance (10%), and property management (7-10%).

Originally posted by Bill Gulley:warranted....My guess is the guy who was doing this analysis already knew that such data wouldn't be relevant or useful to small investors.No, I had a long conversation with him over dinner about this Thursday night.He agrees with me this would be very relevant and useful to even very small investors.His concern is the additional costs and effort he would have to expend to make this available this way would never be covered by what a small investor could or would be willing to pay.

Not yet convinced that pouring my time and energy into RE will yield appreciably better results than pouring it into the businesses I already own.Been spending lots of time doing math about it all, and the business continues to win out with cash flow, profitability, and wealth accumulation compared to time and energy expended on RE investment.I'm still very interested in the idea, but I need to be convinced before I go down the road.

This business has no income and a lot of work and money will be expended on the rehab.

To start without expending the effort to learn these principles or to start without applying these principles is simply foolish.

It is a matter of how much effort someone is willing to expend to achieve the same long term outcome, even though short term results may differ.

Even if there were he would expend all his cash reserves which is the end of the ride.