Thanks for clearing that up for me Christian,So once I find a prospect, I use the 50% rule.....once the property passes this analysis, (walkthru) how/where do I get more detailed numbers in order to get a more accurate analysis?

From there, we could be in a more informed position to give you some sound advice and suggestions.What part of CA are you from?

‘Guru’ isn’t as commonly used and has more or less been bastardized by some unscrupulous marketers.In a perfect world I would say the difference between Gurus and Experts would be that Gurus aren’t only experts but they take the extra steps to take their systems, methods, and experience and form a course to instill the investor ability in others in a more comprehensive and organized fashion.It’s the nature of profit and opportunity that brings out the bad apples who taint the well and it makes it a little harder to separate the good gurus from pseudo-gurus so renowned experts have to market in different ways (if they know what’s good for them) to sidestep that image.

If you were to show a pattern of not renting to people because of the way they dress and that dress correlated to an ethnic group, you could be setting yourself up for a lawsuit.If for example you decided you didn’t want to rent to people who wore kilts, you might find yourself in trouble with Scotts.Granted how a person dresses will influence you, but you need a more concrete reason for not renting that their dress.

People need to take a more active role in stopping them from taking our rights away from us before they do it.King George lol!

If you do a sub2 deal (or any deal for that matter) you have a moral if not legal obligation to do right by them.

If I see the price we agreed on is way unreasonable then look around the property and try to figure in repairs so you can figure that in and give them a more accurate price you can buy at. 

I would maintain ownership if the political winds steered toward a repeal of the rent controls or otherwise indicated a more favorable climate for the business.Thanks for your input.

I can view the listings on Realcomp and give you a more clear understanding of what homes in the neighborhood are actually selling for.

You WILL NOT find a more competent group of REAL investors.