The tenant was a model tenant for years and I noticed no problems when I collected the rent and inspected part of the house.

Prior, our data scientist, has some models built for other zip codes that we would like to look at helping you fund yellow letter campaigns for. 16th, Rockdale*2, and Crest*2 should all start construction before the end of the year if the city complies.

That being the case, now you should start running the numbers to see if this property will work well with your business model and your approach.After this quick scrutiny, if you think there is some profit to be made, investigate further by tracking down the owners and seeing if you can strike up a deal!

I have been looking into wholesaling but given that my market is a lot different to the US the traditional wholesaling model isn't really viable here in Australia.So basically what I intended to do was negotiate a property at a discount and then try and flip it to an end buyer who has conventional financing but does not have a sufficient deposit.

Follow the cable tv box model.

From what I've heard your area would be tuff finding better deals than the investors can find, seems you have distressed properties all over the place.While the gurus push wholesale deals as a business model, it's more of a sideline, to have a good steady income you need to be aware of other strategies, not just one.

We set a price and sold the houses exactly as the model was shown.However; in building the spec house we are now doing, we had those same finishes planned, then buyers wanted to add a 12' sliding door, cabinets special ordered from Italy, 2 custom garage doors and front door, and other special finishes, etc.

I'm no mechanic so completely shooting from the hip here, but knowing how much a new car, depending on the model, depreciates just from driving it off the lot, combined with the thousands of dollars it costs for replacement quarter panels, bumpers, trunk or hood, individually, plus $800ish per airbag, plus thousands for the labor, it doesn't seem that impossible to me.

So I've been looking at different rehab models within my area and I think I've uncovered a niche that at first glance seems to have a lot of potential.

A bank takes over a foreclosure and does what I call "puffing" which is filling up the units fast to show occupancy to try to increase the value of the foreclosure sale.The problem is the tenants might have occupied for 30 days or so and a stable occupancy model has not been proven.