With that, it's hard to think the average 1700 sq ft 3/2 rancher, in a decent area with a swimming pool wouldn't hit the 99k mark, not saying this one is, but generally speaking.

Saw Mark H. posted while I was writing.

We are able to sub divide.The problem is that we only owe 160,000 on this property, have about 25,000 of debt we need to pay to other sources and do not have enough money comming in to cover our mortgage and debts.Although the property market is on a slump for a while, if it picks up in the next two years or so, the potential to make over the million mark is very likely on our property.

The goal here is to develop a folder in your Outlook or an excel spreadsheet with as many contacts as possible. that way when you get juicy deals you just hit the button and send them out!

From my experience few weeks later these properties will pop up on the MLS with around 17% mark up from the bank purchase price.

This is truly motivating to know that almost everyone goes through this.Danny Day I have marked it on my calendar.

Originally posted by Mark H.

Thanks, Mark.

They make up for lack of volume by extreme mark-ups on product, labor, and delivery.

Mark, absolutely!