Account Closed what do you mean by "don't have to own a property to control it" and could you point me to some reference material on what you mean by that?

I personally buy all materials and pay labor weekly, but never ahead of what it would cost me to hire someone else to come in and complete the work plus about 10%.

Values for nice homes are driven by what other owner-occupants will pay, not what investors will pay per dollar of cash flow.

I would review some of the podcasts as well as research some of the materials in the learn section.

This couple has maintained and managed this place with good quality material, equipment, workmanship and as good landlords.

I guess the part I'm shocked about is why would the house appraise for exactly $30k more which was the price of labor/materials alone?

It's worth it to take a close look if it's at all possible.Second, have you driven past the homes and scoped the neighborhoods?

I've read a great deal of material, done a ton of research, but I'm a hands on kinda guy...so for me I think its the next logical step.

Please don't be nervous, as there are lots of materials that you can read, that will help to build up your confidence.

If, I'm getting no love on the price I move to motivation then go back to price.Finally, if we get down to brass tacks and they are not motivated and have little to no equity, clearly wholesaling will not work, instead of just letting the lead go, I offer to list the property for them (I have a license) or you can refer to an agent.