Transfer taxes can eat up any profit you might have envisioned when you set out to wholesale a property.

That could easily be eating away if you discover an electrical problem, dry rot, infestation, severe mold issue, etc.

Your dad wants to eat the bread (title) he needs to help bake the bread (bank loan).

., oh and new windows and fresh exterior paint.

Often there are other small costs that you might want to include as they can really eat into your profits on a smaller deal; things like home warranty, utilities or the final buyers repair/request list.

Both of these markets have some of the highest property taxes and homeowners insurance rates in the nation which eats up your cash flow.

You can subscribe to Death lists, which is very, very fresh list of pre-probate lists, by county.

Yes, I made enough, yes I got burned out eating, breathing and sleeping RE financing, yes I got a great offer, but no one makes too much money, I could open another office today with a short start up period, but I'm not going to.

Thinking of starting fresh with a background check, a new lease (they are month to month at present), letting know our rules and giving them our version of the "tenant guide" with what to do in case of XXX, how to pay rent, etc.Checked BP for articles and such but didn't find anything relevant, suspect its out there or if not can someone shed some light on things to ask for, watch out for, etc"Thank you in advance, have found BP to be an amazing resource, just finished listening to every podcast to date and now the reading starts!

@Matt E. At