I think alot of scenes are staged on that show like the time they moved the big green dumpster and it so happened to roll down the hill and hit a piece of junk car and destroyed it. either way its entertaining its not a learning show forsure.

Entertaining madness, mind -- but are you allowed to, say, get number one in "Shrew-skin coats?"

Going off the numbers above the profits would be best case 18% and worst case 2%.So if everything goes perfect, you sell it for $250,000 FSBO in less than 3 months after only taking 1 month to do all the repairs, financing it with a low fee, line of credit or bank loan, and no unforseen repairs then you will make about $45,000 profit if you buy if for $175,000 minus repairs.Now if it turns into the rehab from hell, you still have to sell it for $250,000 but after taking 2 months to fix things you didn't budget for and trying to sell it FSBO for 3 months, you decide to hire a realtor who then sells it 3 months later so you can pay off your hard money loan then you will only make $5,000 profit, but you would still have to buy it for $175,000 minus repairs.

Tax liens are a like secured loans, the govt wants loans from you so they can balance their budgets.

My head is filled with pricing for just about all areas of construction and rehab work so if you are ever trying to put together a budget I am more than happy to provide you with up to date sq ft pricing for things you will commonly come across in rehabbing or new construction.

A great deal more would need to be shared in order to give you advice.There are equity based lenders that will entertain offshore funding projects; expect the need for the borrower to come in with 25-30% to seal the deal.Regards,Scott Miller

Along with the credit repair operations, we also do Debt Consolidation, Credit Rebuilding, Credit Restoration, Budget Analysis, Mortgage Pre-qualifications, Mortgage Audit, Loss Mitigation, and Repossession and Foreclosure Prevention.

I’ve already viewed many of the posts on these forums and they are a wealth of knowledge if not entertaining.

There are lots of real estate investors who are sick of being landlords and want out, because of tenant or maintenance issues that they don't have the stomach or budget for.

Staying under budget doesn't hurt.