I sold a property last year that had 1980s wood cabinets and we orange oiled them.

Just avoid the irrational peaks like we experienced during 2004-2007 and you will do ok in California over the long run (I sat on the sidelines from 2002 until 2009 because values were over-inflated and out of control).Naturally, I can't speak about other markets, and that's probably why I haven't invested in any other place... yet.P.S. - Getting back to my parent's house, look at the difference only 7 years made between when they bought and my friend's dad did.

I know Aaron, and I'm fairly certain this wasn't a solicitation or anything of that nature...In fact, Aaron is one of the best rehabbers I've met in the Atlanta area, and the OP should be thrilled to have the opportunity to chat with him.

John whether you realize it or not the delivery of what you are saying on the phone and pitch is just as important as the words themselves.You need to practice tone on the phone and video tape yourself giving a presentation in the house.I did this work years ago and now it is natural for me to talk on the phone and meet people in person.It flows now and is not forced.With anything in the beginning you will be really rough at it.Listen for key words on the phone for high motivation.Job loss,divorce,death,sick family,facing foreclosure,having babies and need more space,selling to free up capital,job transfer,getting married,executor of an estate,out of state investor etc.etc.Low motivation:1.Just seeing what the market will bear2.Waiting for my price 3.Need XXX to pay my bills4.Need larger house if I can get XX for thisand on and onEventually they might have life circumstances that change them to motivated but today they are not.Stay in contact because you never know.

They are natural negotiators, and many of them would prefer to give you nothing if you will accept it.

If I recall they are oil based primers.

The phone started ringing and the first call was this:Two Family HouseSTYLE 2 FamilyMODEL ResidentialGrade: AverageStories: 2 StoriesOccupancy 2Exterior Wall 1 Aluminum SidngRoof Structure: Gable/HipRoof Cover AsphaltInterior Wall 1 Plastered/DrywInterior Flr 1 Fin WD/CarpetHeat Fuel Oil/GasHeat Type: FA/HW/STAC Type: NoneTotal Bedrooms: 06Total Bthrms: 2Total Half Baths: 0Total Rooms: 12Bath Style: AverageKitchen Style: AverageLiving Area 2,578 square feetReplacement Cost 222,986Year Built 1935Depreciation 30%Replacement Cost Less Depreciation 156,100BAS First Floor 1037 1037FAT Finished Attic 1008 504FOP Fin Open Porch 224 0FUS Finished Upper Story 1037 1037UBM Unfinished Basement 1037 0Total 4343 2578Current Assessed ValueTotal: 131,880Zestimate $137,500Owner says it needs roofing work done and the porch needs to be fixedThere are 2 tenants one is paying $900 a monththe other isn't paying anything but is a family member which a reason he has to sell not making much money.Owner owes property free and clear and is looking for $70k or best offer.Comps in the area are about 115kso 70% is 80,500 - 20k repairs - 10k my fee = 50,500Supposed to meet with him today, my partner set the meeting up before I could talk to him.What do you guys think?

Pay down your mortgage as normal for a few years and then due to forced or natural appreciation refi on your equity to buy more leveraged property and have more tax writeoffs and Larger mortgage interest write off...Stole this one from rich to be fair, but I like it if it will ever be possible again in our tight lending economy...2.

Natural disasters do happen, markets can and do change so what are your suggestions?

Over time people can opt out and the list will evolve naturally.