For example, if the job takes 20 hours at $25/hour, you’re looking at around $800 total.Expect quotes to be significantly higher, but use your formula to negotiate.

You can hear real-world examples of how others have built their investment portfolio and (hopefully) learn to avoid their mistakes.4.

For example, if the guy with the CRM company is asking the CRM questions because he actually is seeking the info from the public, what they like, hate, need, want, so he can go back and use that info to better what he's doing, hey high-5.Unfortunately, that's maybe what, 1:1,000.... 

Insurance typically covers only the directly damaged area, not undamaged flooring, even if it's continuous.

Is there typically an ROI?

@Rae Chris Ann Arbor is pretty expensive, so difficult to find cashflowing rentals.You may want to look in Ypsilanti - if you want to stay in your area.Otherwise, Metro Detroit offers a LOT of options.Read our copy & paste below for some helpful info:---------------------------------------------------------------------------------------------------Recommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.Property Class will typically dictate the Class of tenant you get, which greatly IMPACTS rental income stability and property maintenance/damage by tenants.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.If you buy/renovate a property in Class D area to Class A standards, what quality of tenant will you get?

Those horror stories are typically from amateur landlords that don't know how to screen tenants.

For example, I have a main account that is for my holding company, sub-accounts for each property, and sub-sub accounts for security deposits and things like CapEx for each property.

Older homes will typically have systems that are out of date - even if only partially. 

Design matters in today's investing world, and it's so important to get that design right on your projects.This is just one example of how bold designs are not always what's best for your flips!