Purchase price: $16,500 Sale price: $27,000 This was a legacy lead that came back to us.

I also gave 30 day notice to many tenants months leading to COVID leading to low occupancy for several months.

That can lead you into a solid property with low mx.

Anyone having success with Facebook ads?
If so, whats your technique?

Could be lead paint, asbestos, polybutylene pipes, aluminum wiring, federal pacific panels, galvinized steel pipes, lead pipes.The fact is the vast majority of houses with any of these flaws are perfectly fine, and only a small minority of them will cause issues for their owners.Ask 10 different knowledgeable people about how bad any of these issues are and youll get 10 different answers.

Landlords mistakenly ASSUME all PMCs offer the exact SAME SERVICES and PERFORM those services EXACTLY THE SAME WAY, so price is the only differentiator.So, the first question they usually ask a PMC is about fees - instead of asking about services and HOW those services are executed.This also leads them to ASSUME simpler is better when it comes to management contracts.

I have dabbled in looking for off market properties and have acquired a great lead and scheduled a time with the owner to take a look at the property.

Many people just start marketing looking for "deals" but don't know what to do once they start getting leads.

They begged and pleaded and said please take it (for free), we have PLENTY of leads coming our way, we don't need to deal with this...

We closed on a 3/1 about a month ago and the contractor we had been talking to and selected is now ghosting/leading us on. using hml for this flip so holding costs are steep.