I was just looking at a property that sent a "current rent roll" with a nice fat total at the bottom... turns out that "total" included rents from three empty units, one of which was fire damaged to the tune of $22k

In other words, there needs to be a spread involved between the terms you negotiate with the homeowner and the terms between you and your t/b.If the spread is fat enough, then you can justify remaining in the deal.

I have NY investors in one of my deals and I had to send the state securities bureau notification that I was raising funds and I also had to send them a nice fat check as well.

Because the US dollar is nothing but a big fat IOU from what is always touted as the strongest, "flush with cash and opportunity" country on the planet, we as Americans continue to go on with our lives investing in the same asset class (equities) and continue doing what we always did because we are satisfied getting what we've always gotten and frankly we are brainwashed and programmed to believe if we continue to invest in American companies, we will continue a 8-9 percent year over year return.

I've long thought the appraisers and title companies have done a great job at forcing costs and procedures to exist so that their existence and ability to charge fat fees could remain forever.

For example - someone's need to sell the house immediately creates a value gap in which they will sell for below-market rates to the first person who comes along and waves a fat wad of cash in front of them, regardless of whather or not that amount of cash is what they could get for the house if they marketed it normally.

I am now soon within the next year saving to buy another large apt building around 50 unit+ This time around depending on what deals present themselves that have fat equity.

Twice a year, I get a fat check.

We have a saying in real estate " Pigs get fat and hogs get slaughtered "I personally would take that money and move on.

In our new rehab business we are turning away from small jobs now since they are not a profitable use of our time and trying to find ways to trim fat to value added.