If this is a flip, and he spent $150,000 on rehab, and he's trying to sell for $260,000.....Lets crunch some numbers.Lets assume he paid $65,000 for the property (1/2 way between the $40K and $90K he could have purchased the property for), with 3% closing costs...he'd have paid $66,950 for the house, then put in $150,000 in rehab puts him at an all in of $216,950.If he sold the house for $250,000, he'd be making a profit of $33,050, which would give him approximately 15% return on capital gain.

If you could put in $X and boost rents by enough to provide a solid return, you bet I would do it!

I've offered to share my leads that I drive around and put in time to get to local investors to start a dialogue, I've even offered to take a smaller profit , but I find that some guys are really not open to working with me at.

I would shoot for getting the fee of 1 month rent now (In the future take the 5 seconds it takes to edit your lease and put in a dollar amount that is something different than 1 month rent.

Would that time period be something I would put in the contract?

I put in calls to 3 different lawyers to find out the truth and then we spoke to the winning bidder to see if he would be interested in flipping it for a quick buck.

It can't be that much money to put in a new faucet.But then I'm a big picture person and tend to look at the overall situation: if this was a good tenant otherwise I would just chalk it up to the cost of doing business.Whether you can deduct it from deposit would depend on whether she'll leave nice or in the middle of the night.Also, if this is a long-term tenant I might just forget about it, but if she left tomorrow, I'd be more inclined to put it against her deposit.

Anyone that knows what they are doing will know you will have a hard time moving it and if they like it at all they can get a better price by just waiting for you to unwind your deal and they can put in an offer with the realtor.Now if you can hit on one and get it cheap enough to offer it back for well under the listed price so it is an attractive deal then you should be able to sell it.

It appears that the portion of the increase in prices directly attributable to the hard and soft costs (materials, labor, time, capital, etc) of improving the property are the approximate amount that the indeces are being "inflated" relative to the circumstances of the average, non-rehabbing homeowner.To demonstrate this, let's say I buy a beat-up rehab in an upward market for $200K, put in $75K in all costs, including capital costs, materials, labor, and sell it for $350K net proceeds.

most of the homes are buy and hold duplexes and triplexes and a few single family homes. but for the market i think they are over prices for what i have been finding for comps. one is burnt up and would be better to be torn down and new construction put in its place.