Hope everyone is staying healthy and sane during these crazy times!

So if you find a house with an ARV of $400k that needs $50k in repairs, expect to pay around $280k for it.Those are pretty thin margins, but you can still turn a healthy profit if you know what you are doing, and you probably want to avoid hard money financing as that will eat up your profits pretty quickly.

Artificially low interest rates and lower prices incentivized investment through healthy appreciation.

There are a healthy amount of investors here in the valley and there are quite a few meetups.

Regarding the list, each jurisdiction is different so maybe someone from Tennessee can answer that about the sale. as to direct marketing, yes you can market to them (we actually talked about doing that during my last investment class - smile) and one of your acquisition costs would be bringing the tax current.

For those who made it this far, I thank you and hope you've been safe/healthy during these uncertain times.

Don't settle for 1% deals, and run a conservative pro-forma with accurate expenses and healthy reserves...

We already have 5 doors (30% LTV across the portfolio) and healthy cash reserves.

Plenty of flip opportunities in MD, but a lot of investors want the same thing that you do, so there is definitely a healthy competition. 

I just smile and chuckle  but I think everything is funny anyway.