He also indicated that he would be willing to pay a convenience fee to get out of the property.

Everything I read indicates that profit is typically made at the purchase rather than the sale of a property.

Hi BiggerPockets,We have been aggregating data since July on the prices of furnished properties searched for and leased. 80% of leases we’ve executed are from properties with prices that fall at or below those listed below:* Indicates that the Zip code price point reflects or is below the overall market price point.

Hi BiggerPockets,We have been aggregating data since July on the prices of furnished properties searched for and leased. 80% of leases we’ve executed are from properties with prices that fall at or below those listed below:* Indicates that the Zip code price point reflects or is below the overall market price point

Hi BiggerPockets,We have been aggregating data since July on the prices of furnished properties searched for and leased. 80% of leases we’ve executed are from properties with prices that fall at or below those listed below:* Indicates that the Zip code price point reflects or is below the overall market price point.

Hi BiggerPockets,We have been aggregating data since July on the prices of furnished properties searched for and leased. 80% of leases we’ve executed are from properties with prices that fall at or below those listed below:* Indicates that the Zip code price point reflects or is below the overall market price point.

I'm pretty sure he is indicating that he would have a $500 mortgage payment, after acquiring a new property; not that he currently has a mortgage.

There is a house in the neighborhood that I have a rental home in that has just put the papers on the windows indicating it will be going into foreclosure;however, it is not listed online nor is there a for sale sign.My question is what is the best way to find out who would be responsible for selling the property if the bank is not referenced on the papers on the windows?

Account Closed, I have not done comps in this neighborhood before but when I looked at the comps after reading your post, it seemed to indicate a higher sale price than what you were projecting if you spent the money on the right finishes.

My understanding is that the red switches are a clear indicator that these are stab-loc (I'm no electrician so I go with easy signs ha).