If they have no policy then the RE investor can create reports but that is not the same as getting to the real data.

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When evaluating a property you aim to pay 70% or less of the After Repair Value (ARV) minus repairs when you purchase.

an umbrella policy that attaches to all your insured assets is the easiest and cheapest defense for a newb.

In addition, costs are rising all the time, especially government taxes and fees aimed directly at rich landlords.

The title company will do a title search to make sure that the title is clear to the best of their knowledge and then they will give an insurance policy which will guarantee that the title is good.

Equity/Spread: $139,000After Repaired Value: $495,000Cost of Repairs: $0Asking Price: $356,000 Seller is willing to give back $85k and pay 1% towards the title policy.

It was well worth it, to anyone considering buying it.I understand how you go about buying single family homes from distressed sellers at discount, but like you had mentioned in the book, sellers of larger multi-units/complexes aim to sell at list price to newbies.

Your aim is to sell the property for the highest price, and mass marketing gives you the best chance to do that.With that being said, there may come a time wher you have built a relationship with one or two buyers.

That's a change in policy from a year ago.