I'm right across the border in La Crosse Wi.

deals 7 and 8 had a partner - he found the home, I fixed it up, managed the rehab, he sold it, we split the net profit...these were ok deals we split $20,000 on each deal but they took 5 months and 9 months respectively due to issues with contractors doing shoddy work....so if you figure our profit at an hourly rate these were not barn burners...but hey it's $20,000 I didn't have before, so I am fine with that#8 paid $265K used hard money, spent ZERO on rehab, wholesaled it in 12 days for $360,000, that was a nice one (sad back story on this one, owner of the property was busted for selling drugs and arrested, then deported to Mexico, so wife took over the drug selling biz...then she got popped, in order for me to be able to close on the home, Escrow had to go to the jail to have the wife sign, then hire a mobile notary to drive down to the SD/Mexico border to have the husband sign) death, divorce, drugs, disease....the 4 D's that create real estate opportunities, sad but true#9 paid $205K used hard money, spent $25K on rehab, sold for $300,000#10 paid $90K for 3/2 SFR, used hard money, spent $3500 on rehab, rented out for $850/month, slight negative cashflow currently (-$150/month), market value is $130K now, plan on refinancing into better loan in 3 months#11 paid $108K for 3/1 SFR used hard money, spent $3000 on rehab, rented out for $850/month, slight negative cashflow currently (-$190/month, market value is $140,000 now, plan on refi into better loan in 3 months#12 paid $125,000 for 4/2 SFR used hard money, spent $0 on rehab, house already had a tenant in it paying $900/month, will be raising rent to $1100/month, market value is $160,000, plan on refi into better loan in 3 months#13 invested $50,000 with my parents to buy a triplex, for $530,000, property cashflows $1000/month from day one, and value has increased to $700,000--------------------------------in current pipeline/in escrow - thru these deals I've made good friends and I've made my hard money lender some good money, hard money lender let me know he has $5,000,000 +/- sitting in the bank looking for houses to invest in, and he's given me the green light.

Just a note , It's always good to double check your facts before writing.The “412 Luxe” address is 412 N Front Street, zip code 19123 which is Northern Liberties Philadelphia and it actually sits at the Southernmost point bordering Old City.

If you are free and interested it is at the Crown Plaza that spans the Pike just over the border in Newton.

Common in a border community (Washington/Oregon).

Basically, just take a ruler and make a square around the offending hole making sure it stays inside the borders of the newly drawn square, then, cut a new scrap piece of drywall approximately 1" larger on all sides, then, with the paper side down, slice off the same 1" of the gypsum material ONLY thereby leaving the backing paper.

In several cases, the numbers looked good on paper, but once you jumped in and did more research, you realized that the ARVs being suggested by the wholesaler weren't accurate (house was in a flood zone or just over the border in a worse school district) or the rehab estimates provided by the wholesaler was off by just enough to make the deal less than appealing.

Then in 2011 we bought a strip of land bordering our own residence, and it came with a house.

For example, while very popular south of the border, it's typically detrimental to hold property in a corporation up here particularly from a tax perspective.

@George WendtThe areas I would suggest to you in Detroit is in neighborhoods like Rosedale Park, University District, Boston Edison, Woodbridge, Midtown, Corktown, Sherwood Forest, Green Acres, East English Village, Indian Village, Grandmont and few othe r areas that border some of these areas.