I look forward to learning more and getting more of your insight as we progress.

They are incentivized to work quickly and on your behalf which are two things that will work in your favor as you actually progress from viewing to offering to placing a contract and closing.

Hey Albert,I am working with some clients who bought in Phoenix years ago and are liquidating now to cash out.Since they are buying outside their markets they are not after houses but large apartment buildings where they can scale and control the investment from afar.The commercial side still has great deals and I believe we are 2 to 3 years behind the residential recovery.

So a loan that progresses from non performing to re performing will have a gain in value from the borrower being reinstated and the loan cash flowing again.

I made a little progress today.

Robert,I'm also new to REinvesting, have you had any progress?

I'm glad it worked out for you...but you are also very lucky...the visual damage on a fire damaged structure can be the tip of the iceberg, depending on where the fire started and how it progressed.

It isn't live yet and is a work in progress.

When if I sell a property for more than it's depreciated value on my books, there is a capital cost recovery.

It is still a work in progress, so I welcome any and all feedback. http://www.biggerpockets.com/files/346/downloadThank you in advance for taking the time to read it and let me know how it can be improved.