I replaced the roof when I purchased it for $2,800 so I foresee this to be a good price indicator for this new deal, which for all intents and purposes is basically the same house.

I’ve been obsessed with learning all of the basics and the different methods to being successful in this business.

Reverse Wholesaling works like this: Get in front of sellersGet pictures of the propertyLet the seller know you will run the deal by your partner and have an offer in 24 hoursRun the deal past your legit buyer whom you have a relationship withLet them tell you what they would payGo back to the seller and see if you can get the deal done building in some margin for yourselfA lot of people talk about "bird-dogging" which is basically just passing leads to an end buyer.

Looks like basic economics, supply and demand.The fact that your building is 100% occupied is great, and the fact that it stays 100% occupied with a waiting list is even better.

Rebecca:I would suggest that you review you lease (as previously suggested) and look for something about "quiet use and enjoyment" , basically a "Good neighbor" clause, also your lease should have something about "keeping the property in good shape".

Hoarding is a mental illness basically, and part of their problem as a hoarder is that everything has “sentimental value” so they can’t get rid of stuff.

Basically they save up enough for a down payment and then buy a property.

Also, consider that without at least some cash to put a reasonable deposit up, you're basically asking a seller to lock up their property with you for little money at a FIXED PRICE, while you go find a buyer.

Basically, the seller is only accepting “highest and best” and will review on Day 21, which will put them into the space where investors can begin bidding.

@Mark J Gugliuzza:Here are some basic terms when I’ve used them.