http://www2.nbc4i.com/news/2011/feb/08/3/neighbors-battle-invisible-foe-out-state-owners-br-ar-390108/

See article: http://www.biggerpockets.com/renewsblog/2009/02/09/leverage-friend-foe/ :cool:

The project from drawings will appraise foe 5 million.

The seller many times believes the property is worth more than it is.A 7.5% cap on a mobile home park is an awesome selling price.You can buy at a 7.5% CAP but then if unforseen problems arise you now have a 6% or a 5.5% with capital expenditures hurting anticipated cash flow.Like I hear from many investors if I pay cash I want to buy at 10 to 12 cap so if something foes wrong I am still at 9 to 10 cap.I can't blame them at all and also can't blame the sellers for wanting top dollar.Washington and others states the cap rates are lower and costs of living is higher.I like my state personally as you can drive high returns and cost of living is lower.Each state will have it's pluses and minuses though.

Arguably this is the strategy of our foes right now in an effort to win a long-term economic war with us that precedes a real one.

I offered to pay her realtor fees and a 1500 bonus to her foe being the buyer agent!

This may help you turn those realtors into friends instead of the foes they usually are when it comes to investors.

If you can talk with crowds and keep your virtue,Or walk with kings - nor lose the common touch,If neither foes nor loving friends can hurt you,If all men count with you, but none too much;If you can fill the unforgiving minuteWith sixty seconds' worth of distance run -Yours is the Earth and everything that's in it,And - which is more - you'll be a Man my son!

Once you know who's a friend and who's a foe, you will know who to seek help from and who you should be cautious about.

Everytime I hear an agent tell me this I nearly nearly rupture a vessel in my brain trying not to laugh.