Recent SOLDS of your immediate area will show what buyer expectations and price points are for the the location.Remember ACTIVES are the sellers expectations which mean nothing.You will have a mix of sellers with realistic to unrealistic pricing and different levels of motivation.So you have to take active pricing with a grain of salt.Also with solds an investor might have achieved a high sales price but gave away the farm in concessions making their walk away NET less than an investor who sold for 6,000 lower.Drilling down to your local demographic versus the national picture is key when flipping.

Typically I set some goals that I try to achieve each week and track my progress that way.Weekly goals are 1. 50 direct mailings - absentee, probate, vacant houses, etc2.

Here is my situation:Part time Real Estate investor with several properties owned free and clearNeed to leverage properties to grow business660 Credit Score (FICO)45K Credit Card debt145K Mortgage80K income (full time job)One late payment (30 days) 2 years agoUnable to use 48k year in rental income due to last two years tax shows negative income (properties were purchased and rehabbed during this time)Bank deal - Approved mortgage with the following stipulations- Debt to income is too high - Bank would require that 18000K goes to CC Debt at closing- 2500k Loan CostOR - depends on increasing credit score to 680 min 720 optimal- Bank Line of Credit (for this they will use rental income plus job income- Low fee's for loanMy question is "How can I achieve a relatively quick score increase by 20-50 points?

Many people refinance properties to maintain the required leverage to achieve their ROE goals.

It seems from my observations of people with a lot of accumulated wealth that many of them achieved wealth through concentrating their bets where they are highly skilled investors.

If the quality is not as good do you have a tenant not as happy or can't achieve market rent on that unit?

He rents a bit under market to achieve this though?

In my opinion, you only switch your exit strategy when you determine that your optimal strategy is unachievable (or unlikely to be achieved).

. $200K if you achieve the 20% COC ROI and then you still have to pay your investors and hard money lenders from that amount as well, or is that 20% after all the costs and expenses?

To achieve this, someone must continuously gather the information (number of units and number of days they remained vacant in a given year/month) from the landlords - big (apartment complexes) or small (mom-n-pops).