I'll accept 6-7% net cash flow if I buy below market, the property is Class A, and I believe the property will appreciate greater than the average for the metropolitan area.

In an industry where the average agent just imitates what the other guys did, it's refreshing to me to see innovation like this.

Taylor Hall, here is a reprint of Karen Hanover's take on apartment building classifications:Lender Ratings of Residential Investment PropertiesLenders have developed general classifications of apartment buildings so that they can communicate amongst themselves and other members of the industry with some level of uniformity.

With unions pushing for higher wages and more benefits, most businesses will be closing down and moving overseas where they have a cheap labor source.Also many of the industries we have are outdated and will be closing down.

Keeping fingers crossed on that one.Just got approval on another short sale purchase which will be an easy and standard rehab flip, should take 3-4 weeks and have average returns.Have been working on a new business (real estate related) that is online and will help rehab flippers and buy and holders, should launch in CA next wek finally!

One thing we can always be certain of in this industry is..... change!

And what is your average closing period if you don't mind?

You need to position yourself as investor-friendly and different from the average agents.

I believe the average dog bit claim is about $29K.Seriously, I would REQUIRE the tenant to have renters insurance with you named on the policy.

The best thing I have learned is to network with others in the industry.