The only leverage you have to get the seller to negotiate is the threat to back out of the deal.

Let me explain:50% rule = tells you nothing of value, means NOTHING, 1% rule = tells you nothing of value, means nothing$100+ cash flow/month = means you are making $100/month in CF per month.Why do you want to invest in RE? 

Batten down the hatches on your DMs because that ship will sink within one day of mentioning Columbus on here.

I'm working with a contractor for the first time on a cosmetic renovation from out of state.

Failure is not the opposite of success, it's part of success.

I fixed the roof myself out of my own pocket.I called the insurance broker  and he straight asked me if there was a damage after the hurricaine, so I said a tree fell but I fixed it myself out of my own pocket.

The point is to profit by finding a great deal on a property, then passing the deal on to another investor willing to pay more.

I am asking for top of the market rent, which certainly has something to do with it.

Verifying last 2 years of rental history and income extremely important to find the “best of the worst”.Make sure you understand the Class of properties you are looking at and the corresponding results to expect.The City of Detroit has 183 Neighborhoods we’ve analyzed.PM us if you’d like to discuss this logical approach in greater detail!

I’m looking to start this journey with a full head of state and I’m excited to pick each and everyone of your brains