It is definitely a great time to start investing and Houston is a hot market for it as well.

Yes, late fees are hot topic in CA.

Then you have to go back to the other laws that base it on market value, so you then have to show that putting 5K of new windows in didn't increase the market value, or the new hot water heater doesn't change the MV.

My market (San Diego) is extremely hot and the seller knows he can get what he is asking for his property but had it on the market for a while, fell out of escrow and his contract with realtor expired.I think the margins will be so slim that it probably won't fly for a wholesale flip BUT how do I know what will work for a buy and hold investor?

Our market is hot and rising, so that's the disappointing part.Another success to this story is that my spouse really got involved in this deal, so now fully understands what I am trying to do.

Hey Rick its sounds crazy but im trying to explore which options i have but let me a explain little bit more its a hot location of the house is three blocks away from the Capitol, Convention Center plus there are numerous developements happining around the area ARV is about 600k the rehab is well about 130k

Since it's dripping all the time, it's either your hot or cold.

According to an article titled, “Workers Saving Too Little to Retire” by the Wall Street Journal, 10,000 people are turning 60 every day and 57% of US workers surveyed, report less than $25,000 in household savings.

The appraisal was very easy, as the intown market has been booming for about the past 12 months.Actually, one of our biggest problems after doing these two houses was that the neighborhood got very hot and prices went through the roof.

Well, you're not meeting the 70% rule, but I don't follow that either and if you have a decent market (400 days is not so hot, but it may be the repairs needed) you can cut down on carrying time and money.