Cash has weight but not as much as investors think.If my seller wanted a cash buyer in that instance we would simply reduce the price down until we found one who would pay a premium.Example from 3 mill to 2.9,then 2.8 etc. and get cash at 2.7 to 2.6 instead of 1.8.ORThe seller could do a wrap with 20% down and sell for a much higher price.If you applied the 50% theory in some areas the property would be gone in a few hours at those levels.50% is like hitting a grand slam when most hit doubles.Depending on the area the 50% theory does not always apply.It is simply a guideline where other factors have to be taken in.

Well Well Well, my property manager just called and he guesstimated rehab #3 at 30-40 grand when I was expecting 15.Lesson, an inspection is really nice and I strongly suggest one for people starting out.

You'll then end up repairing damage caused by the fixes.If I fixed the house up into 'salable' condition, without fixing the foundation, I'd be about 45 grand in on it total, so I don't mind just selling it heavily discounted rather than fixing the foundation issue and then possibly STILL not being able to sell it because of the previous damage the foundation issues have done to the flooring, plus it would have to be disclosed and that might turn a buyer off, even if there is a guarantee on it.Is this house on a slab or on a perimeter foundation?

Hey guysJust wanted some opinons, I am 19 , just moved to Edmonton Alberta, I hate it here but jobs are here, I worked construction and made just over 5 grand a month all last summer and now im working as an autmotive apprentice for 10 dollars an hour ( by 4th year ill be capped at 29.50$ an hour)I work 9-5 weekends off now, but the thing is Im kinda thinking about getting in construction, oil rigs again for fast money but I dont want to rethink this down the road and regret it, Fast money as in, money to get into serious full time investing as a career...I also want to move back to Ontario to get a Construction job next september...Is it worth the 65-75 hour weeks now till im 25 till I go full time investing or work 9-5 making 50k a year?

Glad you were able to find somebody to shell out a grand to live in that area today.

R22 is running nearly a grand a can in Tennessee so I would assume the cost is close in Texas.

What insurance companies are people using in Grand Rapids to cover their rental properties (SFR)?

My great grand mother (currently 97), who I've lived with and taken care of since I was 15years old in high school as co-signer on the loan. 

Not contract properties that are already on the market and add a couple grand for yourself.

It did turn into a small loss (a few grand) for my partner and I.