In the past when I have taken them somewhere else for one reason or another (seller/buyer has a relationship somewhere else) I have always regretted it.

Thanks for that tid bit of excellent info!

Salesmanship is based on directing and focusing information to ANSWER the questions your seller has in order to develop a relationship of trust and confidence.

We also market them by telling the neighbors to tell their friends and we give them a nice kick back if we close their buyer...The last one i did ended up being in total 71% ARV because of serious unforseens (electrical issues and plumbing issues) From that i learned to just always account for that in each budget because im a freak about electrical problems....The one before that 64% ARV FIXED....the one before that 35% ARV fixed....They are out there you have to keep your eye on all of the properties or have an excellent bird dog to find them for you.

:cry: 1 - Build relationship with probate/divorce attorneys, real estate owned departments in several banks, closing attorney, appraiser, a few private lenders and a general contractor.

Do not forget that any depreciation recapture income tax liability would be taxable in the year in which the relinquished property was disposed of.Careful Planning Required This short-term tax deferral strategy provides an excellent income tax planning opportunity when a 1031 exchange transaction does in fact fail unexpectedly.

Because I have developed my relationships with banks and HML's, as others are turned down they welcome solid investors like myself to loan money to.I also still feel that wholesaling opportunities are still a viable opportunity in any market, strong or soft, but a wholesaler has to understand the shift in numbers.

Excellent properties & good appreciation.

Ethical,how long did it take you to get to this plateau of excellence?

The agent may have a relationship with a company that does estate sales.