Buying right means paying wholesale prices that are nowhere near retail.

It feels good to finally get it right after paying retail for two properties in 2006.

The painter is going to be busy for next 3 months or so working on my rehabs, so they give me very good price because I am able to keep them busy.For carpet, the retail price is $1.25/sq ft and I got it at $0.85/sq ft.The vanities retail for $125 and I got them at $90.

Not to mention, your target group, be it retail customer or investor will be from a very limited pool.

There are two big disrupters in retail, the first of course in online sales but the other one on the way is 3D printing.

Then as the properties move up the chain you have another level of investment and that creates a return on investment for this layer of the onion. then you keep moving out layers of the onion to the ultimate retail buyer whether it be local off shore or CA based. and they pay top dollar I think we all know that's the case...

My agent was the one who told me that. rent is typically around $1500-$2100 around the area and the condo is $30k below retail...

IDK if that's possible with your credentials or if there's any thing available, but it would be a way to learn the leasing side of the business.A job perhaps as an office manager at a office building or retail center.

Example: Property worth $108k retail being offered at $50k cash, fully rehabbed and has tenants in place @ $1k/mo.What would you do in the above situation?

What's its target selling price for a retail FHA buyer?