I'm definitely not a roof expert, but I'd be surprised if there were any shingles supplied 20 years ago that didn't have at least a 20 year life expectancy (though again, I'm no expert).If the roof is in good shape and an inspector believes there are at least 5 more years of life left on it, I'd leave it.

In my opinion the values of houses is based on what people will pay for them due to supply and demand.

Well, didn't have an official name then but my older brother and I started investing in 1955 just after my 16th birthday and with a 20 hour a week job and school and a full time girlfriend investing time was in short supply but we found some deals that were there and signed them up.

Great advice thus far and I too recommend my thread on the truth about wholesaling.In today's market, wholesaling has become even more difficult due to the supply and demand Susie and tight spreads.I recommend if you enter this strategy, that you go the direct marketing route.

Banks might work with you or you could get two separate loans but that will increase the fees thus lowering your purchase budget.I would suggest getting one duplex now if 4-plexes are in low supply.

They admit that its too high of a price that they are asking but they tell me they are working 80 hours a week and its a question of demand/supply.

-Constraints: 1) limited time to go around looking for a good deal (unless online) 2) monthly income is all from child support.Questions:-Multi-units in OC are in limited supply and very expensive (upwards of $700k).

what happens in a market has a lot to do with it's own economy, and supply and demand.

For example, historically, we'd never have considered buying roofing materials, lumber, windows or hardwood material ourselves (just let our contractors supply it), but there is a decent savings by buying it ourselves, both because we can choose the supplier, can buy in bulk and because we know we're not paying markup to the contractor.

So I want to wholesale a few homes in order to supply a down payment on a rental property or even a rehab but there always some new law or regulation on the topic that make me go back tot the drawing board.