It's good news for existing assets, but makes it harder to win deals.I wouldn't be surprised that in the immediate future we will see more of a flattening of cap rates as the tertiary and secondary markets compress closer to the coastal markets.

I ve been able to get a house around 80k and ARV 375k ... or even another scenario purchase  145k  wholesale 289k and buyer sold for 575k ... win win  for all , the seller , need it probate on a sudden dead siblings on other estate and elderly , no time for fixer upper, it was a win win  for all.and the cool thing , having first dips while acquiring the deals , if is juicy enough you can get it for yourself. also develop great relationships with other local investors , ( a great happy community , cos everyone is making money   and also providing solutions to distressed sellers) .   

@Kai Van Leuven it absolutely shocks me what people will settle for in terms of a monthly "win" just so they can say they own another property.

Regarding a suit against the SDIRA, the plaintiff needs to win their case.

This truly was a win, win, win for the seller, myself the buyer, and Steve.  

Expectation value, like the winnings from a bet, is the value of the payout times the probability of that payout occurring.

Theoretically they could sue you for payment, win a judgement and file a lein against the property.Your best approach would be to contact the hospital and assuming you did not have any insurance, offer a payment plan for 50% of the bill (for some reason hospitals charge higher for service to non-insured patients and insurances (including medicare) pay at a mush lower rate).

I guess you could call it a win-win.

You can buy one lottery ticket and win a million dollars but just because it is possible doesn't mean it is a good business model.I wish I had started in Real Estate when I was your age.

After deducting defaulted properties taxes, netted a little over $125,000.Do I win anything?