@Brie Schmidt  Holly Molly I got my chuckle for the morning..  

Buying a property for 15%-20% below market value (I'm presuming you mean ARV) does not leave any margin for profit for you after your rehab costs plus all of the "soft" costs.

Thats why I will never close unless on the morning of the close the building is evidently fully vacated and locked shut then we close and I rush over with the keys and change locks.Good luck with your offers, investments and tenants!

This "developer" is an individual investor, who has developed a few houses on his own.The original plans were for the construction of either apartments or condos, and I think the developer's intent is to come up with new, realistic numbers (hard & soft), and determine if the market supports the margins. 

So I'm about to close on a 3-unit investment property tomorrow morning and I go check the place out tonight with my realtor for a final walk-through.Good thing we did that.The seller has basically emptied the basement into the backyard and is now waiting for the city's Bulk Trash Removal service to come pick everything up.

Saturday's are best for me, maybe late morning coffee and then we'll car pool it around the 'hood?

Hey Folks,    I'm taking my national and state salesperson exam early tomorrow morning.

Don't try it one by one as they pests will run from one hoarder to another hoarder's unit.  3. renegotiate and treat the heck out of the entire place all at once.Sorry was in a joking mood this morning !

All those people that are selling and sold in a panic yesterday morning are going to regret that, probably are already today.  

Morning everyone!