After the sale took place, escrow refunded the deposit to the original buyer, and I took some of the proceeds from the contract sale and added to the refunded escrow amount, essentially doubling his investment in one month, an incentive for leaving the escrow money with escrow another 30 days.

Cashflow provides security, proof of concept, financial freedom, and the ability to keep your investment in a down turn, but wealth in multifamily is built by forced appriciation, and tax incentives.

The lake is ice cold in the spring so June to Oct is our time and we are usually full.The biggest negatives are the higher cost of insurance if you cover the beach area and dock.

My BIGGEST concern is a dirty title.

Now, your second BIGGEST problem is that a** roomate.

.- Watersense or other water conservation methods with showerheads (the biggest drain on water bills other than leaks and loos) are often cheap and easy ways to reduce the bill with little to no impact on the tenants' lives.- LLC name can be anything you want, but I'd certainly think purchasing this and holding title as an LLC makes sense for a 14-plex.   

One of the biggest complaints that Ive seen against wholesale deals is that the ARV is way off and this is mostly because wholesalers either dont know how to run comps or dont have the proper tools at their disposal.

Probably the biggest thing they do is negotiate the contract: not just Th e price but all the terms making sure the buyer has exit clauses and meets all the deadlines for those clauses.

Give incentive to the tenant and try to gain access.

 I have a property that I am looking to purchase, the property is fully paid for.  The seller is open to seller financing (a portion) but we are about 20K to 25K off on price.  I'm at 275K the seller is at 300K.  The ...