So the great deal here is the loan product is gold . 3% interest rate on a 15 yr conventional note with no PMI.b.

Start thinking about these wooden boxes as franchises, would you purchase a McD's, wendy's, or a golds gym.

It's a gold mine for a person who can live in it and just fix everything on their own.

Hello everyone,I am new to real estate investing I love reading all of your advice and details on the deals you're working on , I stay in Milwaukee and we have a lot of foreclosed, boarded up homes if anyone is willing to connect I am be boots on the ground here for you.I know Milwaukee isn't the most desirable city but to a creative person I feel like with the things we have building up in the city this could be a potential gold mine.

Hello everyone,I am new to real estate investing I love reading all of your advice and details on the deals you're working on , I stay in Milwaukee and we have a lot of foreclosed, boarded up homes if anyone is willing to connect I am be boots on the ground here for you.I know Milwaukee isn't the most desirable city but to a creative person I feel like with the things we have building up in the city this could be a potential gold mine.

Not looking for a job or immediate partnership, just an interview where I can say "Hey", and Wow your argyle, gold toe socks off.  

Obviously, different markets produce different cap rates...and different investors are willing to accept different rates of return, making any given property worth more or less to different investors.You do not include debt service when calculating cap rate, because the purpose to the cap rate is to compare different properties, or different asset classes (i.e. should I buy a rental property, stocks, bonds, gold, or whatever?).

For instance it maybe as simple as you do not have the right buyers on your list.If investors can be all in into deals for under 20k and be able to cash flow them at 500/ month++ then you are sitting on potential gold mine.Or it maybe that you are in areas where no investor will buy in.You can go to your local REI club and see that other investors are saying about these deals, areas, and numbers.....If you need more help just PM me.Peter

It's hard to break down cost for each item as we got a bid for the whole jobI'm not too good with numbers which is why I delegate that to someone else to do but I will break down what I can.Property:4 bed 2 bathLot sq ft 7200Living sq ft 1700Rehab:Paint exterior and interiorDemo/removed two walls to create an open floor planScrape and smooth popcorn ceilingsMud and texture walls and ceilingsNew laminate floors throughoutNew carpet in bedroomsTotal gut out of kitchen and two bathAll new Windows (10 windows)New French doorRestucco front of houseNew bedroom doorsNew front doorNew kitchen cabinetsNew front doorAdded a side door to the garage from the porchNew door knobsAdded central air and replaced heating furnace New appliances (fridge, dishwasher, microwave)Move water heater outsideInstalled recessed lights throughoutConvert water heater closet into laundry roomNew bathroom tiles (floors, and floor to ceiling shower tiles)New vanitiesConverted tub shower to stand up showerNew ceiling fans in each roomNew mirror bedroom closet doors Pool repair (30 years of non use and has gold fish and algae)Repaired and painted concrete in backyard and garageNew garage doorNew drivewayNew landscapingNew appliancesNew exterior lightsPainted fire placeStaging Purchase price: $465k via HMLTotal rehab:$60kARV: $590kSold: $610kNet profit: $32k total then split 50/50I learned so much from this first flip but it was all worth the blood and tears.Here's a link to my Box album.https://app.box.com/s/spyxxp27krya754csrstmzz8bv1u8420

, bubbles of various types, Chinese taking over the world (except when it was Japan), European debt collapse, Argentina, gold!