That is good to know.When you stated to learn and apply the normal rules about rentals, are you just referring to using those numbers associated with rentals as factors when considering overall costs?

I want to help out people, and I've come to a good solution for everyone involved.

Ryan,I did not see any response at all refering to only MOTIVATED & desperate sellers.

I think what you are referring to is a sheriff's sale where foreclosed on properties are auctioned off.What remarks do you post in your ads and with signs aren't there laws on where they can be placed.I make it very simple and to the point "I buy houses - fast cash - 580-XXX-XXXX" Don't give them every way in the world to contact you.

The next time you are working a deal I would challenge you, that when faced with a potential problem that you "seek solutions".

I think that we can all help one another by sharing those things that we like and dislike about our local real estate clubs.If you're a member of a local REI club, please share with us the following info:1 - General Schedule for Meetings2 - Your favorite features of those meetings3 - Your least favorite feature of those meetings4 - Things you wish your club didFeel free to let us all know the name of the club that you're referring to.Thanks!

From a RE investment standpoint, speculation usually refers to a short term buy and hold, short term buy and flip strategy and takes into consideration, not the cash flow, but the difference between the purchase price and the sales price as the profit.

The company contacted my broker, but she referred them to me since I was trying to get into REOs.

Your sate may be different.Deficiency JudgmentA deficiency judgment refers to any difference in the sale amount and the amount owed to a lender in aforeclosure proceeding.

I have seen qucik reference guides and those are great.