Wholesaling income producing properties at CAP rates above market value (which means greater returns for the investor compared to the local market) means you are going to need sellers that are willing to sell their properties for less than other comparable income producing properties.

I figured $5K in Baltimore would be a rotting board-up with the roof missing along a block of many other properties just like it.

I can assure you im not going to steal your deal, plus you know where i work and can just beat me up.Just remember, two buildings is two roofs, on and on...

With your house paid off , you can sleep well at night , I dont gamble with my primary , if everything goes south , I still have a roof for the family .

Thanks a ton Ed

Roof, furnace, and water heater were all 5 years old or newer.

Concrete block on a slab with terrazzo floors; each unit needs a kitchen, bath, and half bath; copper pipes in the slab; no central air in Sarasota, Florida; newer exterior electrical panels in rough shape; the roof looks newer and isn't apparently leaking.

Asking Price: $337,900 5 beds, 3.5 baths, 3,743 sqft, built in 1953, heat pump, detached garage, new roof in 2007, sold in 2007 for $335,000.

I was ready to make an offer pretty close to full price, but about 10 minutes after I saw the property, another investor looked at it and immediately made a full-price offer to Ned.

Hey guys -I've got gas and the venting is to the roof, but the unit is near an exterior wall.