I have located a structurally solid duplex for $69,000 (asking price) in an area where rents for these individual units would go for $575.

realtytrac is a waste of money, by the time the post house, its sold

Yearly PITI: roughly $28,000 Yearly association fee: $2500 Cleaning fees (paid by renters) Yearly average utilities (cable, phone, heat, electric): $3240 Yearly advertising costs (vrbo/homeaway.com etc): $600 Total costs: $34400 The house rents solid 3 months in the summer and 3 months in the winter.

Yearly PITI: roughly $28,000 Yearly association fee: $2500 Cleaning fees (paid by renters) Yearly average utilities (cable, phone, heat, electric): $3240 Yearly advertising costs (vrbo/homeaway.com etc): $600 Total costs: $34400 The house rents solid 3 months in the summer and 3 months in the winter.

Banks are getting weary of investors wasting there time with offer that goes no where.Short sales cannot be assigned.

Hi Danwhy don't give it a try, you don't need to be a tech guy, the internet is probably the most affordable media.i know one realtor that build up his business in Europe using only the power of the internet.Here is the thing that a professional website can do for youit can work everyday for you and collect email from prospect, the leads you collect can be Seller and Buyers.Now, getting back to this succesful friend(i can not reveal the name of his business or his website), when he had a new property to sell, he just send an email, and he had some 20 solid investor coming visiting and he close more sales in his area that any other company.again, if you can send an email you can use the internet to build up your businessand most buyers make thorough research on the internet in the first placei won't recommend Ebay, for the branding of your company it is not really that good.best of luck Halille

The property didnt go because the owner wanted to get every last penny out of it but there were good solid offers made.

Solidly, nothing went below 80% I can tell you now, the tide is changing...in a big way.

It's a solid little unit and I'm pretty sure I can get $85K-$90K for it this time.

Why waste your time when you already know it is not a deal?