Posted by phil fernandez on July 02, 2001 at 17:13:35:
Rik,
Two things you will need.
1./ You will have to know FMV like the back of your hand. What sells for what in which neighborhood. Be the expert of knowing value in your local market.
2./ You will have to know where and how to sniff out these deals and how to negotiate them so you are leaving enough profit for your investors that you will be finding the properties for.