ArticleId=659 One great point Mike makes in the video report (corny as his intro is) is that capex isn't just for roofs, HVAC and repaving the parking lot, it also includes refreshing the property with new/updated amenities to keep it competitive.

Have her transfer the title to me for $1 and have her privately finance the mortgage of the home (at the same price she bought it initially) as well as the renovation costs.The whole reason I'm thinking about going through all these Shenanigans is to avoid having this highly competitively priced home go back in the market.

WE also have INTENSE competition for lots in the Portlandia market..

Though if you have perfected time travel that would give you a competitive advantage

Not to mention it will put you a few steps ahead of the competition.  

Are you saying that lowering agent commissions will decrease competition?...

So there's a lot of competition out there.Hopefully I'll meet you at one of the meeting in the near future.

The foreclosures won't go that low, simply because of competition, If you want to do some flips and build that money then turn it into passive investments you can do that.

I invested cash and my return has been quite good.I have not had HOA issues or assessments although I keep a large rainy day fund in case it comes.I did have competition from other units but I remodeled a tad higher taste (just a good combo of construction materials, nice colors and good workmanship) that appealed to the aspirational side of enters without screaming expensive, nor being expensive to me.I rented all units in a matter of days.

Success comes from identifying and developing a focus or niche in the local real estate market that allows you to distinguish yourself from the competition.2.