Check out BiggerPockets Ultimate Beginner's Guide – This little book is a true gem, and it will give you a good overview of the ins-and-outs of real estate investing.3.

Check out BiggerPockets Ultimate Beginner's Guide – This little book is a true gem, and it will give you a good overview of the ins-and-outs of real estate investing.3.

Check out BiggerPockets Ultimate Beginner's Guide – This little book is a true gem, and it will give you a good overview of the ins-and-outs of real estate investing.3.

There's a difference between a "vintage" house like an old Victorian, and just an old outdated house. 

Glad I found this gem via the search engines.

Vermont is full of hidden gems.  

Horrible siding and roofs and windows The best of the crappy ones are made of 1 x 3s, so you are starting with virtually nothing, other than I-beams, a hitch and a DMV trailer designation sticker.I worked on a resort campground project where we experimented with vintage airstreams.  

There seems to be a huge amount of investor competition in the Boise/Nampa area and it is a struggle for a newbie like me to snag a great deal. I have literally missed great deals by a matter of 15 minutes or so in t...

Excellent club, the largest in CA, and Bill Tan is an absolute gem of a person.

That year of building is probably running galvanized pipe from the water meter at the street sidewalk to the building.Those usually rust internally and start leaking underground.To replace that line with copper can be very expensive especially if the line runs under the parking lot.You would need to cut up the road,take out the line,put the new copper line in,and then fix the road.This can cost tens of thousands to over a hundred thousand depending on length of the run to fix.I would be concerned with a building of that age with hidden problems discovered once the current tenants leave doing TI.Could have asbestos,roof problems,sewer problems with the cast iron system,lead paint,etc.With retail buildings usually have a life cycle of 30 years so they are usually torn down and regenerated instead of a 50's vintage still standing.Regardless if it is a great location and not a dying part of the old town where the growth has moved then eventually a developer would be interested in partnering with you and building new or buying from you outright.You have to really look at these types of deals from all angles and work with someone looking out for your success.Not someone wanting to just "sell you something".I view instead of selling people on things to get one off commissions to instead help them make long term sound purchases.If one is successful then it stands to reason a relationship will be formed and they will buy more off of that success.If a broker/agent sticks someone in a bad deal then later business from them and referrals will be non-existent.Some of these brokers only representing corporations as sellers do not care about the buyers or if they buy right.This might could be a good deal for you.Just think of the multiple exits as much as you do about the purchase.