What we have been doing since the beginning is at the entrance, we leave a snack tray and beside it, a piece of paper with that reads...."

If the property has landscaping in place make sure it is cleaned up then add fresh mulch and some potted plants in a complimentary color scheme to the house color scheme to the house.† Go for balance with some around a tree or spaced across the front of the house then some on either side of the front porch or door and one inside where you have people sign in.† You don't spend a lot of time, effort, or money but you get a very nice result.† Depending on the yard you might add some decorative wind chimes to the trees or bird houses or other cute extra to make people have a little "ah moment" that makes your property stick in their mind.The next area you want to address is creative marketing.† Invite all the neighborhood residents to an invitation only presale open house party.Have simple finger foods and if it is a neighborhood with many young children you might put a toy box with little gift bags for the children in the room most likely to be for a young child.† If the neighborhood has more tweens and teens you might set up a game system in one room that will stay with the house.† Many times a neighbor will know someone who would like to live in their neighborhood.When you do hold an open house go the extra mile to make it stand out.† Make your sign post at least 36†high so it stands above the rest.† You might also go to a party store and get a cardboard figure and put it behind the sign so it looks like it is holding it.† You could put individually† wrapped soaps in a pretty dish in the bathroom with a little complimentary sign.† Have snacks available, have a drawing for a prize, just use your imagination and have fun with it.† The goal is that people feel comfortable and want to live in this house.If you are a wholesaler the banks are one of your biggest competitors right now.You normally buy extremely low and sell low without doing a thing to the property.† In order to maximize your profits and keep a quick turn around right now you need to stand out from all the other distressed properties flooding the market.† Now is the time for the two hour rule.† As soon as you get the property clear as much junk out of the yard and clean as much of the interior as you can in two hours.† If you pay four people $50 each for two hours your property will be that much ahead of the other wholesale properties and that $200 you spent can make you a few extra thousand on the deal.† Perhaps you even throw in a $50 gas card for the buyer or a Home Depot gift card.† Small gestures can make a big difference during a soft market.Another strategy is to target a group with specific needs and create a plan for them.† One example is student housing.† In Atlanta, Home Park was for a long time a place where Georgia Tech students could rent cheap houses near the university.† When Atlantic Station was built it changed the area to a much more expensive and more owner occupied area.† There is still a need for reasonably priced student housing but the closest area to campus where that is available is not exactly where a mother would feel good about dropping their freshman student off.† In this case, the city wants to renew the area and developer incentives are available but you see brand new homes standing vacant and vandalized next to not so new homes boarded up.† You have multiple needs here, available properties but fear of trail blazing in a marginal neighborhood.† In this case, you could identify available properties and incentives then go to your local investment group or online investment group and do simultaneous investing.† If you were to get fifty investors to buy and rehab at least two homes each and you all do it at the same time you can turn a neighborhood around in a very short period of time.† If you could rehab one hundred homes in a ten block area all at the same time you will have made money, provided a needed commodity and helped the neighborhood residents all at once.† It is a win-win-win situation.Of course there are other groups such as artists that need low overhead and space to live and work.† They might not need hardwood floors throughout; they might be more interested in a large room with a utility sink, or a photo studio in a converted garage that you could do advertising photos of large objects in.Find out who needs what in your market area and find a way to provide it.† If you address needs while solving problems you can get ahead even in a soft market.

I had taken a course many years ago in NH and spent twice as much only to pass over taking the exam after a multitude of brokers came in pitching their inflated desk fees and sparse commission splits.  

So if you see a place that has a couple duplexes on site, do you pass over them, or do you just discount them down to justify the hassle?

The initial purchase closing cost is being paid by the seller so that would pass over to the assignee.

We spent a fair amount of time in 4 golf course communities in 3 widely separated cities.What we saw upwards of 10% of the houses on the market, including FSBO and Realtors offering full page adds, on "neighborhood open houses" with snacks and beverages at each one.

Air rights, mineral rights, right to occupy, right to let someone pass over your property (easement).When you give up your right to occupy you have given that right to someone else.

If urban to suburban over 1 mile is not an accurate comp.In fact when I do BPO's for banks and mills they want usually within 3 miles for rural and sometimes up to 5 mile radius or less.Suburban usually 1/2 mile or less but up to 1 mile in certain circumstances.In Urban core they want 1/4 mile or less.The BPO companies and their clients feel even if a comp doesn't match up that's close they would rather have me make adjustments than go to far out of area where they believe the comps do not match to the subject.So I would re-look closely at comps and try to find better ones that are closer.Example if you can only find solds 1 mile away for 180,000 but no solds near you but actives for 150,000 then the 150,000 or less carries much more weight.The buyers are giving with the data that they will choose to pay more for a similar property in a nicer area and pass over the actives where you are willing to purchase.

Some add soda or snack machines to try for additional cash flow.

Have an SCorp that I use for real estate projects. Single owner corp, no employees. If something happens to me my wife won't have access to the corp or its assets or bank account. I have a POA that allows her to condu...