Did you get as low as a buyer's agent would have?

It seems low maintenance- just book the times- take the calls and have someone collect- I would probably have to pay someone to pick up checks and take calls- i.e. answering services.

Additionally, if you use a service, you need to know exactly what information the service is claiming to provide and ensure that they have the data for the area that the tenant lived.In my experience, many low income tenants (which group contains most petty criminals) live in a local area all their lives, so paying for a nationwide search is really pointless (for those tenants).Good Luck,Mike

That's not going to happen with me on a foreclosure flip in a soft market.My question is this: When I pin down mathematically what she owes (and get a title search done to make sure there's nothing I missed), how low can I go without getting blown off and ruining my relationship with the agent?

Then they tail off and slowly stop going.You have to make that first hurdle low enough so it becomes HABIT.Shoot for 2 days a week, say one day in the middle of the week and one weekend day.

OTOH, the eviction specialists usually offer pretty low rates for that specific service, but should not generally be relied upon for unusual situations.By your post, you are a noob, so you probably are not starting out with complex, multi-million dollar deals, so the eviction attorney will probably be sufficient to handle other minor contract related issues, and setting up standard corporations or partnerships.

Know-It-All, but it's been 15 years since I bought an REO and I'm pretty sure the ground rules have changed a bit.I'm looking at a couple of SFHs in my area, $150K range, ARVs in the low $200K.

.$25K purchase and $25K repairs (assuming you estimated correctly-but probably low) with a selling price or ARV of $75K is right in the power curve.

It's in a good enough spot to support low rent (even "nice" homes here can't get the rent they deserve) though and still get pos cash flow.

With the low interest rates and improving exchange rate, I'm also looking to expand my real estate investments.