BiggerPockets has become such a popular destination for real estate investors and others in the real estate field that we have simply been overworking our machines.

Just be careful to keep the rewards balanced so cutting corners is not what they are paid to do.Second though.

People in this market simply do not have that kind of equity, so all they can do is give the house to the bank.

I offered to be interviewed for that section at the end of July and have been simply amazed at the "legs" that article has.

I have more corner cutting knowledge and shortcuts, replacements and subsitutions, and alternative options knowledge than any investor I have ever met.I have a 4 year college degree as well.

WorthQuiet, older neighborhood with lots of rentalsAsking price $48K, was marketed as a triplexI offered $30K cashDOM 7They countered $40K cash and a short closing date(10 days)I was able to do my own inspectionsDiscovered 4 kitchens and 4 bathrooms.Needs trees trimmed, roof, minor interior repairs and cleanup.Should be worth $80K-$100K when finishedI uncovered a city lien against property for grass cutting(they had to pay for)During title work a federal lien was uncovered(they had to pay for)We closed on the last possible day at 4:00pmObservations:I used a buyers agent to represent myself.

Meaning, if I am referring a property, how can I ensure I don't get thrown under the bus, and a deal is cut behind my back?

It is much easier to simply rent to a group of students that know each other.

My question was posed simply for purposes of calculating a fair market rent.

If you have proper matching paint, you'll never have to cut in around the edges again!