I don't know of any other profession that does that.First lets talk about timelines.You have to wait for a court date to be allocated 2 - 3 weeks.You have to wait for the hearing date to arrive - up to a month.You have to wait for the court paperwork to send to the sherriff after you win - 2- 3 weeks.You have to wait for the sherrifs to schedule your eviction - anything up to 3 months.So rushing to file eviction as soon as legally possible isn't going to mitigate much of that loss.

So I took his words at face value...I arrived at the house 10 minutes prior to the open house, and OMG, the kitchen and one bath were so dirty I did not want to stand in it.

Of course CAP is the ratio of NOI / Market Price.As a metric, it's marginally informative - and only as valid as the methodology used to arrive at the NOI - and of even less merit when evaluating residential real estate.You would not base a purchase decision on NIM or CAP - I would look carefully at the free cash flow and return of the business, along with it's potential for growth (and the cost of realizing that growth).  

Your missing a lot of info to arrive at your cap rate and rate of returnYou need to add insurance, vacancy rate, management and a small cap ex eventho your spending $50k on rehab. 

It is apparently a program in which immigrants are vetted and given employment upon their arrival.

What is your DTI, is it an under 90 day flip, condition of the property, credit history, is the money seasoned source of the property, source of the money, how did you arrive at that rate, what day of the week is it, what is the market doing, the seller started a short sale or foreclosure, what would the property appraise for is it an inclining or declining area?

Having a memorable brand or website provides a much easier path back to you.Remember, your offer is unlikely to arrive at the exact moment of your prospect's need.  

hi there i have been going over so much of what BP offers that its overwhelming. i have turned down all the noise in my head and arrived at the following starting out proposition - really looking for others who may have started out this way or can share their experience.i have a home in southern california for 6 years. will stay for another 4-5 years more there. both my wife and i are on the deed but i have the mortgage.TO start out, i am thinking to start the investment in southern california.* buy a home at least 50 miles away as a vacation home. * one under myself and another under my wife's name.* assuming a second-home loan applies to each of us.* put down 3.5-5% so as to preserve my capital (for out of state for instance).* rent it - to cover all expenses; not looking for cash-flow* this is more for experience and confidence building* this is a buy-and-hold, not a flip - house is newer built (2000+)Now I know that only after finding a home and looking at everything like P+I, expenses, taxes, and rental income will someone truly be able to assert if its a "good deal" but I am more interested to know if this strategy to start out makes sense and it would be nice to hear from some folks who have done this so i know how they felt about it as they got more into investing.thank you!

You will be advised on your phone when you arrive about how long it will be till your first rider.

Then find out what is the highest and best use that will fit into future desired zoning use for the city.Reverse your numbers out for hard and soft costs to arrive at what you can pay for the land value and meet your goals.