Does anybody know of any good tutorials for wholesaling?

If not with increased management fee you are looking closer to 60% to 65% cost and not 50% annually.Tenants not directly billed bu the water authority use about 30 to 35% more water monthly and do not report water leaks.If the tenants are not paying then you will have months of lost rent,damage to the units,and reconditioning costs.You need to pay close attention to the EXISTING tenant base going in.Run your own checks on them.The existing landlord might have just filled the building up to dump off crap tenants on someone else.The fact that this property has changed hands so frequently leads me to believe it has serious problems.People get think they get a deal and then want to jump off the burning ship quick before going down.Check title history chain and see if you can locate previous owners,their attorney etc. on documents.You can also look up if a previous corp bought it and the controlling officers.

We're talking about 2 months worth of inventory with half of that is crap.

There are plenty of houses down there for $7500 if you guys want them...and vacant lots for essentially free.While it might be a good deal, he will be wading through a lot of crap for years to come getting rid of them.

No guru crap, no programs to buy at the back of the room.

I only consider court because this guy was extremely confrontational, aggessive and a scammer and I hope to maybe slow him down from pulling this crap in the future.

Knows how to sell but not crap on the trades.

Nothing is worse than a crap roomie.

If there's truly nothing, it really a crap shoot as to what value they will come up with.

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