The sellers I have spoken to so far do not seem to have an urgent need to sell, but I have gotten some good practice using my phone scripts.

Or should I just get it under contract and try to fill it with a tenant buyer and collect down payment ?

In the real estate business it is called a Broker's Price Opinion or BPO or if you want the most accurate market value you would need an appraisal which is not practical for these purposes.

Hello Dawn,Those are excellent ideas.I have been practicing crunching numbers for the 50% rule.

This house is in already good shape, lets say it will need $1.5kBoth of these homes are located on the same street and I could easily collect $750/month + utilities.

As one might imagine, we also have a fair amount of former tenant balances we need to collect on.We've given a couple collection agencies a try in the past but have not yet found any that really delivered.

Lending practices could change - so be sure to have multiple exit strategies.

I own his audio sales collection.

If you are looking for practical application knowledge you must also listen to the BP podcasts.

This is my first post on this forum, my name is Melvin I want to get back in the investing in real estate business. I have done a few deals years ago but stopped for big problems ie: divorce that was out of my control...