I expect the latter, since most people are inclined to put in the least effort that they can possibly get away with.So I will give you a true anecdote here.

Craig, there's no doubt that the big real estate and private equity shops have the upper hand when it comes to scooping up REOs in bulk for two reasons.1.

I also upgraded the windows to energy efficient windows and had to find a new window supplier after mine unexpectedly closed up shop a couple weeks before the job.

You cannot get OJT to be an engineer or become a CPA, a lawyer, a doctor, a nures or any other true professional occupation.

(This strategy is called "assigning" since you personally never close on the property)The formula most wholesalers (assignors) use isMax offer=After Repair Value (ARV) X 70% - repair costs - assignment fee.Some other strategies to read up on are Sub 2 (subject 2), wraparound mortgages, and true wholesaling with a double close.Good luck and keep reading and asking questions here on BP!

Hilarious and very true as I have money to invest but no longer am working a job that can generate working capital (just covering my bills as I focus on REI).

Chris Boggs you have a good idea getting the semi load and maybe you network with a few investors several miles away or you just hustle em out of one of your garages or shop areas.

Assuming your $20K/year is a good estimate for the true cash flow, I'd hope you don't need much more than $200K.

But that price certainly beats the $60/door you'll pay at most brick and mortar shops.

Is this true at all?