The problem is that the public is now educated on what is a cosmetic flip and what is a true renovation, so the cosmetic "lipstick on pig" flips sit vacant while the truly renovated homes in the $150K range sell in under 4 days for ask+.So, 20% margin, less partner cut of 50% and tax/close cost of 50% leave 5% margin for flips.

The only issue is the average houses sit on the market in Malibu, even if they are priced to sell.You can PM me for any further questions you may have, or if you'd like to relist it with a realtor.Good luck.

Does anyone have any rental properties that are sitting vacant too long?

Then sit down with your wants and needs and compare all the data.

So where do I sit?

Now just digging a bit rather than sitting and waiting for seminar.

Those two things alone may make the difference between something sitting on the kitchen table for later and something going strait into recycling.4) Figure out whether someone else has already been saturating the area with direct mail solicitations.

You first need to find the courses to take, most states require that you get a certain amount of education before you can sit for the exam.

I recall a NYT article about potentially doing a college of sorts down there with all the casinos closing.

Sit there from 5-7 PM and see what kind of activity you see.