Straight out of high school I served in the military and then spent the past 10 years working in IT.I have finally reached a point where I’m tired of working for the corporate industry on a limited salary while doing nothing for my retirement.For the past year I’ve been watching house flipping shows and decided I wanted to give it a try.Six months ago I bought my first house with a 203k loan that I’m currently living in so I could get some experience.I paid $167,500 for the house and took out $35,000 with the 203k.The house was a probate that had been abandoned for 5 years.Half the house was on a concrete slab that had sunk about 4” in the middle and it was completely outdated.We removed 2 load bearing walls to open up the kitchen, knocked out the back wall, built a new subfloor, and put up a 4 panel sliding glass door to let in some sun light.We installed porcelain tile in the kitchen, stainless steel appliances, new cabinets and quartz counters as well as recessed lighting.We fixed the foundation problems by mudjacking to raise the floors and carpeted the back 3 rooms that sat on top of the slab.As you can imagine we ran through the $35,000 quickly.The 2 bathrooms are still outdated and the house needs new siding.After the renovation we had it reappraised (per the 203k loan agreement) and they said it was worth $215,000.About 3 months after the renovation I attended a 3 day Fortune Builders seminar and come to a realization I probably could have saved about $20,000 if I had systems and processes to follow before I purchased the house.After listening to BP podcasts and hear other people’s experiences I’m quite fortunate I didn’t lose money.This sums up my real estate investing experience.

I can refer a handyman, local attorney, broker, foundation guy, mortgage specialist, and several others.

We will do whatever it takes to be successful and establish a good foundation before we separate.

I've seen leases from PMs with 5 years and 10 years for carpet life.Here is the California's policy found at http://www.dca.ca.gov/publications/landlordbook/se... they provide a carpet and paint rule.2.

I plan on using them for my FIRST deal(still researching and getting my REI foundation though).

Goals:Make supplemental income to help pay for daycare.Use income from investments to build a secure foundation for my families future. 

I've *visited* some older homes - a couple from around 1900 - but I didn't own them or live in them.The first thing that comes to mind is structural problems, like with the foundation or basic framing.  147 years is a long time for frost, water, wood rot, termites, etc to do their thing. 

We want to move my mother in law into a house (a new pre-fabricated house on a permanent foundation) on about 3/4 of an acre of our land.  

I'm giving myself the next week or so to sift through this wealth of info to get a solid foundation and begin to get a better idea of what exactly I need supplements for.

The build is about 70 years old and was built over top an original stone home foundation (see pictures attached).