Life is easier on the payer and you get your payments when they are due.As for the grace period, nearly all legal documents state “due on or before”.

hi lyndsey,you can make your life easier and get a NO interest checking account for the security deposit. problem solved.that's what i did.

That's assuming the tax laws stay the same, which of course can always change.you should not have a problem in FR....i think the hardest thing is to evaluate the deal. that's why i have a limit purchase price and from experience know what the rent would be.Mark, you work as a realtor and it's easier (i think) to find below market houses.

They are not easy to put together while being in compliance.It's much easier to put together a conventional loan than any installment contract or L/O when you have a buyer who needs to address qualifiation issues for financing at a later date.

I quickly learned from BP that most, if not all, gurus are crap, and they make it sound easier than it really is.

And Wendell to answer your question, residential just seems easier to get into, unless one of my mentors like one of the deals I can find for them and somehow structure the deals where i can become an equity partner in the property for my construction services...Carolina, the new mall is off of Balmoral ave, right across the street from the rose not convention center.

Hey everyone - For those of you that conduct any wholesale deals in Southern California, can you please assist in letting me know which areas are best to target for wholesale deals?

Jack Heatley III - it was so much easier to rent our house than to sell it.

If I can set up automatic alerts by subdivision or community names, or block names, that would make it much easier...are there any out there?

Sold comps on a 2/2 in the same complex from August of 2012 (ugh) sold at $115K which would make the target property around $108 a sq ft (but it has only one bath and I don't know how to account for that in the comp - what is the "value" of a bathroom).I've stayed away from really looking at condos because of the HOA/condo fee involved and being subjected to the whims of the condo association, but I don't know if I should do that or not -- am I blowing opportunities by doing that.