You need to create a simple spread sheet to see if you come out ahead by taking the chance that they will move.

Simple yet complex.

Or should I create a simple contract for purchase?

Is it okay to use that form, if I’m not a NC real estate agent (I’m licensed in TX)Would a simple contract work?

In hindsight, I not only lost time but potentially money as well as the recently sold home prices were rapidly increasing.2) Triple check everything with the lender3) Learn to balance providing a good quality home with staying within rehab budget4) Long distance RE investing really is simple.

Investment Info:

Single-family residence buy & hold investment in Huntsville.

Purchase price: $130,000

Cash invested: $43,000

Goal with the first OOS rental was to find a SFR that was primarily r...

So, if the one crew that worked on this job normally does $50,000 to $60,000 worth of business every month, then, I have to ask whether or not this $45,000 job was worth giving up $50,000 to $60,000 in business for very simple jobs that take 1 to 2 days and because the $45,000 job cost so much more for materials I figure that I lost a lot of potential business and would rather have walked away from the $45,000 job.Everything is about the final numbers and you have to do the math, diligently, or you never know the truth and only guess and invest blindly.

It seems like a simple thing but we haven’t been able to find the right people.  

Now, using the simple 10% rule, this property should produce at least 4K/mon in rent, right?

@Kevin Ivey @Kevin Ivey we recommend using Brenda Benson @ Trilogy Properties, they are familiar with out of state investors and have processes in place to make that simple.