It was lower than the asking and the sellers initially were disappointed but when they saw their friends sitting for months and eventually a year they were real happy they took my advice.The fact is it costs money to sit on a property and it cost you buyers if you price it wrong...If you price it to low you will get multiple offers so in my opinion set the tone and price it aggressive and move on to the next deal.

Competition is very tight with multiple offers going into buy transactions from what I've seen.

Multiple refinances can affect your credit and it can take years before the savings on the refinance payoff the closing costs.Most likely the loan on the $75k purchase is at very low rate and it would be wise to keep it there.

(Popular Photography magazine is running a little interview with me in their next issue if you care to pick it up at the newsstand.)

J Scott, wish I could vote for your post multiple times!

Trying to send all of that for multiple properties at a time is way to unwieldy.

Fast forward to a few days ago and I get a call from him with news on this Dalerose Rd property -there were multiple offers, but from what he gathered he didn't think they were all that far off from list price.

Having investments in multiple markets after you get some assets under your belt is a good idea as well as trying out more then one type of asset.

I will say some policies you can name multiple parties on the insurance but.

You contract with the homeowner to help get the project done by helping put together a scope of work, interview contractors, manage contractors, etc.