The next thing I would say would be foundational issues,drainage as well as flood plains issues.

I agree with Michael, the new investor needs to feel the risk factor, emotional intelligence plays a lot in whether a person will take the plunge or just plain simply having "Guts".

Ok BP universe.I really need help on this one or I’m going to lose my mind.This post is aimed specifically at the people who are very familiar with either JV funding/ Partnerships, private money or all 3.The names an...

He's a drama factory, plain n simple.

No one is so brilliant to invent ways to get money from someone with providing adequate security for them and convince a judge that it was the right thing to do.Creative Financing does not mean doing something that is so uncommon and off the wall or just so plain complicated that a reasonable person could not follow what is going on, it should be prudent, in line with similar business dealings for the type of transaction involved and be reasonable, not just something someone smoking loco weed would do under the influence!

Success may be defined in many ways, but an all encompassing comment like "college is worth every penney" is just plain incorrect.

Dear Bao:Oh so much spot on and wicked great advice above.I want to add that cap rates and pricing in our market is being chased by stoopid money.We currently have a mini bubble being driven by Hedge Fund buying, spring, and just plain inexperienced players.A great many of my colleagues and I are stepping to the sidelines and waiting for the fallout.I would key on the advice from the very wise Emily Dixon, Ned Carey, and Joel Owens and add to that overpriced valuations.We are in this together, ping me and lets get you set up with our REI group up in Santa Clarita.Blessings,Tevis

Plain, pure, and simple: Never make the tenant's problems your problems.

The left house was originally flood plain, and although we built it fast, the FEMA process slowed us down considerably to get CO and avoid flood insurance for our buyer.  

Cap-ex costs are just plain higher if you're re-roofing 8 units instead of 1 house.