In about 5 months or so I will probably rework the same addresses and send a second round of mailouts and then a third and fourth.

And then rework your budget to include commissions, closing and holding costs.

Most all of the creative techniques revolve around understanding how to break things down and rework the numbers.Get in touch with the PM or email buttons if you have specific questions.John Corey

If your going to rent it even worse you renter will not be happy living above what seems like a toxic chemical dump. they ll call the health department and boy your troubles are just starting now you don't want them finding a hazardous wasteland under the house get in there now while its easy to access plus it will just build up and you ll have rats the size of small dogs under your house and it can cause foundation problems. your better of not selling this problem to someone else you may end up in court if they see chemicals they ll know you knew about it sometimes(most times) there is no shortcut you ll have to rework your budget to accept this.

Its pretty tough to rework a situation where you have a fixed debt combined with limited rents.

I think I need to re-work those numbers.You said it may have potential.

It's very bizarre, but someone might want to rework it as a commercial kitchen (we've had one professional chef look at the house twice).

Eldred•Lead, Sell or Get Out of the Way•Make it Big – Frank McKinney•Maverick Real Estate Investing – Steve Bergsman•Millionaire Real Estate Investor – Gary Keller•Rework•Strengths Finder 2.0•The Alchemist – Paulo Coelho•The Art of the Deal – Donald Trump•The Big Book of Real Estate – Robert Kyosaki•The Go Giver•Think & Grow Rich – Napolean Hill•Landlording: A Handymanual for Scrupulous Landlords and Landladies Who Do It Themselves – Leigh Robinson•What Every Real Estate Investor needs to Know about Cash Flow – Frank Gallinelli•The Pre-Foreclosure Property Investor’s Kit: How to Make Money Buying Distressed Real Estate – Before Public Auction – Thomas J.

Schedule a house showing or two, contact an attorney, document some RE work stuff and that will help if your audited.

You got to make RE work for you, not you for it.Remember: Positive cash flow, investment.....not more debt ;)