I bought it sight unseen as I viewed it as a small development project, did my due diligence up front and didn’t really care about the state of the house.There were 5 offers on the property to which I ended up knowing a few of the other bidders.

If it is worn or stained, yes, put in new carpet.On the other hand, we have had prospective residents tell us that we need to replace this stove or that carpet, and sometimes they are brand new. 

Purchase price: $725,000 18-unit townhome new construction development What made you interested in investing in this type of deal?

Your property might be legitimately worth $1,500 and the tenant qualifies for $500 in assistance, but can only afford to pay another $500 for a total of $1,000, they won't approve $1,500.Unfortunately, you can usually only find both of these out when you have an application and lease signed from a prospective tenant and submit it to the local housing authority.

I pay all the subs directly so there is no up charge to me.. and I make sure everyone is paid so their are no liens.on the 90 lot development i am 3.4 through..

Look for areas with strong rental demand, low vacancy rates, and proximity to schools, employment centers, and amenities.Future Growth: Check for signs of future development, such as new businesses, infrastructure improvements, or public transportation.

It told me I could, of course, handle these contractors because I PM'd multimillion dollar developments.

You're asking someone to spend a lot of time and energy to share what they've spent years - maybe decades - learning and developing.

New Street still being developed. 3 Bedroom.

.--- Tactic 1: Long-Term Vision: Bren focused on large-scale, long-term developments, creating entire communities.--- Tactic 2: Quality and Aesthetics: He emphasized high-quality construction and appealing design, enhancing long-term value.--- Tactic 3: Strategic Land Acquisition: Bren acquired land in strategic locations, often before areas became highly desirable.3.