Many said over 3 yrs with nothing rehabbed or rented, while ABC collected interest on the funds. 2 investors had squatters, because the homes were not managed proactively while sitting vacant.  

Whether you're acquiring a property, securing funding, rehabbing it, refinancing, or selling, understanding the process and having a clear strategy is key to success in this industry.

Originally contracted to wholesale this Dulpex all offers were coming in low so we took it down with hard money and fix and flipped it How did you find this deal and how did you negotiate it?

Now I'm back to this vacant property in Canton and although I still think it would make a great MTR I rather focus on acquiring another property and putting my capital there.I'm currently weighing all my cashflow options for this Canton property and trying to find the best balance of additional funds and maximum cashflow.Here are the options I can think of:*Let PM take over and just LTR it (no extra capital, minimal time managing, minimal cashflow)*Find someone to manage the MTR (extra capital needed for furnishings, then either rent whole house or rent by the room, better cashflow)*Rental arbitrage (no extra capital, better cashflow than LTR?)

Originally contracted to wholesale this Dulpex all offers were coming in low so we took it down with hard money and fix and flipped it How did you find this deal and how did you negotiate it?

We end up going over budget on house flips as well, so now I add $20k to whatever I think it's going to cost and at times that's still too low.

Careful - many of these are marketing pitches for people trying to raise funds.

The leasing fees are the low hanging fruit that makes that business even worth pursuing.

We would then use the short term rental income to fund the long term multi family portfolio state side.

I participated as the main contributor to the international forum but I didn't know they were going to abolished so I couldn't advise them against it.I imagined that they did that because of the low participation but that might change as I've noted a huge increase in interest in international investing lately, which makes sense given that the US is losing its advantage when it comes to cheap financing.