The Q that drew a deer-in-the-headlight stare every time: It seems that if I let you choose and place a tenant in my unit, that, according to your transaction based fee schedule, you would actually make a lot more profit, if that tenant you chose turns out a bad tenant, stops paying rent, trashes the place and has to be evicted.

Just make sure that you can figure in nice profit margins for everyone involved BEFORE you bring the deal to them.

I am an investor on the real estate side, currently started studying the actual market dynamics of it all about a year ago....like it....since then have sold two new houses; w/ no liquidity....no out of pocket money, turned a profit and in about a week or two I will have a #3 on the resume.I work as a mortgage broker in alabama at Colonial Mortgage Group, LLC....turning out as many purchases and refis as my infantile marketing "savyness" will allow.

[size=16]Discover Your Passion & Turn it Into Profit[/size]We act as though comfort and luxury were the chief requirements of life, when all that we need to make us happy is something to be enthusiastic about.Charles Kingsley A recent television ad for a large investment firm said in part, “This is what you’ve been working towards doing your whole life”.

Starting out wholesaling 1-2 deals per month with an average profit of 5k is not unreasonable at all.

I would like to borrow 60,000. with a potential of 40,000 to 50,000 profit.

So I figure I might as well get quotes for all the work I need to do and determine if I can make a good profit after that work.

Pretty sure the $1 homes are only for non-profits.

I don't know if I should just cut my losses and start selling my properties (They would actually be quite profitable if they were fully rented).

In a very ugly town. i bought 2 duplexes for around $57,000. each unit rents out for an average of $350 plus or minus $25-$50. high taxes and insurance but they still turn a profit. plus i could sell each home for $35,000.