Now that I'm retired I "eat" some of the profits, but because I did this for so long while I was working my total leverage is about 25-30% with a bunch of properties free and clear.

Analyze potential deals by estimating the After Repair Value (ARV), repair costs, and total expenses. 

•Systems: Servicing the HVAC system, replacing the water heater, and updating the electrical panel.The renovation was completed in 13 weeks and totaled approximately $35,600.

@Jonathan Greene @Jay Hinrichs @Nicholas L. short sales are almost always done through RE agents and are a major pain the butt if the lender servicer wont respond in a timely fashion.Pre foreclosure you dont use and agent but if your talking NY I think and not totally sure but I think only an attorney can draft the Deed transfering title .

Financial Highlights•Acquisition Price: $72,000•Renovation Costs: $35,600•Total Investment: $107,600•Funds: raised from personal savings and private lenderHow did you add value to the deal?

My mortgage would be $2600 total a month, but with the rental income, it would be $1200 from me and $1400 from the tenant.

There's a 2nd account with 5 payments total and 3 of those were late.

You forgot to put your location in your profile.

Life’s too short.2. you’re making a 5 percent return on total equity now, and surely much more on a return on investment basis.

For example, one exemption is tied to your total revenue which is $5M in gross sales or receipts in a calendar year.