I only have leather like living room furniture as well, less penetrating material, easier to sterilize and clean.

Brian you take your land basis and add in legal costs, labor costs, material costs,usually 10% contingency fund, other fees, etc. to get your overall cost per sq ft.Then you find out cap rate for sale with a newly minted lease local to your area with 15 years on it.

in some areas home prices peaked in the 80s and 90s  think Rochester NY for example or Buffalo.. in some areas real estate seems to make new highs then 10 years later it makes new highs again  think SF bay area , at the end of the day building materials are up land prices even being zero  it cost more to build a home than you can buy an existing one in a huge swath of America so until that changes.. who knows.then in the areas that are slowing but surely turning into rental dominated markets  ( we know which ones those are ) those values will really only move if rents move or investor accept a much smaller return that what they want today which is basically 6 to 10% COC with 20 to 30% down.. 

Do you want to pay a desk fee and extra upfront costs to have lots of materials and services at your disposal or do you want a more basic arrangement with all the fees based on transactions.

Thank you Ned, I’m reading the material right now.

I had my contractor join me on a walkthrough of the place and he estimated around $2,000 for materials in repairs.

I have some funds saved because I was thinking of purchasing my first home and came accross some videos on youtube about getting the best deals on houses.After continuing to watch many videos and read material I think this is something Inwould like to take my first steps into.

I have studied materials and I’m focused on taking the necessary steps for my next deal.

They hear the words private placement, see fancy offering materials, and watch rousing deal webinars and they get that excited (premature) bowel movement feeling.The financial protections (net worth and/or income) from the high risks of private placements are important and just having the knowledge part may not be sufficient protection. 

Please let me know what material you have used with good results.