Hi @Fred Ewert, what rent range are you targeting for the side you rent out?

Do you get pre-approved with the bank for a mortgage up to a certain amount then go out and try to find a deal within that price range, or do you look for the house first then get the mortgage?

Working for a developer and having done many deals where we operate and manage and have investors the deal is typically a water fall where.

Build a buffer of time and repair cost accounting.Additional infoWHOLESALINGlistingbook.com or equivalent serviceupdates via email bank owned properties, price changes within range, new lists at/below $50,000 (not worth $50k)Send realtor offers with number/house address… they send to banks.. maybe 1/10 accept an offerRealtor gets a contract for youYou go check out the property to ensure nothing is crazyYou may be prompted to put down a deposit about $1,000 (don’t have to)Check that the title is clearPlace the house back on the market “handyman special”, cheap, cash, phone, email) at least $10,000 more than your offer.. eventually you may build a ‘buyer’s list’Get the new buyer to sign the contract with the realtorTAX DELINQUENT PROPERTIESLocal assessor - contact for people with delinquent property tax records —> excel listSort excel for names, addresses, amount of taxes, taxes that are 2 years old (and older)Contact the owner via letter ‘im oliver, I see that your property is behind on taxes…’“Dear Mr.

Is there a certain price range when investors are regarded as serious investors?

Hi, there are several lenders who will do smaller values in that range.

Rents range from 1000 for a 1 bedroom/studio to 3k for a 4 bedroom.  1400-2200 seems to be the norm for 2-3 bed. 

What I have discovered thus far is an abnormally high water bill (e.g. $160.00) of which I pay.

I bid on HUD home and the offer was accepted I am scheduled to have an inspector come out this Thursday but I just received and email that we can’t turn on the water.

Look up your local code for ice and water shield installation.