Flipping houses can put money in your pocket in the short run but you have to be very aggressive an knowledgeable to pull off a flip.

Asking price was $150k and we wrote the offer for $145k using the proof of funds letter supplied to me by the lender with two contingencies: firstly, that the financing got final approval following the lender's appraisal and secondly, that the inspection did not reveal anything above my rehab estimate that would blow the budget.  

You also have to watch the expenses, pretty easy for them to buy tools and supplies for other jobs on your dime if you aren't paying attention.

WilliamProperty 14 bed 2 bathRent: $1,000.00 Cash flow: $779.67 Taxes: $683.00Insurance: $961.002013 Maintenance: $40.00 Annual Property Management Fees: $960.00Rental Date: March 4th 2013Property 23 bed 1 bathRent: $1,000.00 Cash flow: $750.58Taxes: $1370.00Insurance: $663.002013 Maintenance: $00.00 Annual Property Management Fees: $960.00Rental Date: Estimated Rent/ House is 2 weeks from rehab being completedProperty 34 bed 2 bathRent: $1,300.00 Cash flow: $1032.42 Taxes: $1020.00Insurance: $622.002013 Maintenance: 321.00 Annual Property Management Fees: $1248.00Rental Date: August 2013Property 43 bed 2 bathRent: $1,200.00 Cash flow: $867.08 Taxes: $2005.00Insurance: $814.002013 Maintenance: $24.00 Annual Property Management Fees: $1152.00Rental Date: March 1st 2013A few other attributes about the business and town I can think of are below: The business also owns a 12 foot utility trailer and a 20 by 15 office space the business rents for $210 a month (all bills paid) with desks, laptops, and office supplies.

I got kind of tired watching these guys making so much money off of my supply so I decided to dabble.I cherry picked what I thought were no brainers.

Negotiating hall bathrooms cooling is trick, electric base for heat is easy to do to but negotiating cooling there can be a bit tricky but there are split zone ductless units that can handle this situation.Googling 'in wall HVAC' or 'in wall hotel style ac' will get you plenty of retail places that will match the supply house price a non tradesman will get.

You must have the tenacity to pursue every lead and the hustle to aggressively market your clients’ properties in order to have success.

Chances are they have done similar work in that neighborhood.Next, call the utility company that supplies the gas and see if they will give you an average bill for at least the last year.

What I am wanting to do is create checklists of tools and supplies that he should keep with him is his truck at all times.

For less than fifty bucks I picked up a number of supplies and this week-end I will be painting the countertops in an old hunting travel trailer behind our automotive repair shop.