I agree with you that 1% is not realistic in Bay Area, unless you’re doing massive value add or in class D neighborhoods and getting section 8 rents.

Good agents have been a massive part of my real estate success.  

I have decided however I would like to expand my skill set and become more involved with the office/retail side of the business and plan to seek opportunities in the near future.

I’m in Toronto so I look within one to two hours away for better deals as they benefit from the ripple effect, expansion of transportation from Toronto to these smaller cities, massive immigration that is occurring and lots Of companies moving here increasing significant jobs.Good luck 

Done correctly, we are offering the homeowner full retail numbers on his property, which is the very appeal to the homeowner and which increases the likelihood of getting the deal. 

Fixed rates come with massive penalties to refinance early, especially if early in a signing.

Markets are really strong down here 6 -7 offers on every property, definite sellers market and massive over inflation in value.Cheers!!

Those $2500 houses are either in super-rough areas or are in marginal areas but need massive amount of repairs to get them back to livable. 

I have also spoken to my bankers and gotten ranges of rent for corporate retail tenants.

If the Wholesellers really had properties that they would Sell you for half Retail and you could fix them up and make 20%, after Taxes, then, you would be shooting for the same thing the Builders try to make.