Bought for $47,500 and put in $28,000 for a total of approx $76k. 

Which sounds great, but can be a real nightmare when the city does a half arse job of doing it, cutting irregularly, getting rid of any flowers or plants you might have put in, not allowing bike racks in front of business.

Hi Guys - I'm brand new to real estate investing, but have the opportunity to move to (almost) anywhere in the country next summer -- or stay put in Newark, NJ.

It's not as easy as HGTV or the infomercials will have you believe but it will enable you to attain financial freedom if you put in the time & effort. 

The owner/chef got distracted and we had to evict.

I have a full time job out and try to put in a couple of hours at night to real estate.

If you are in total fear that someone else will scoop it up put in an Letter of Intent (LOI) for the asking price and make sure you have a 30 day inspection period. 

This is one of those deal that i don't even have to pull out my calculator to see how much is the return before i buy.Unlike what you see on the TV show where they they chew each other head off at the court house to buy property, or have a team of 20 people show up to gut down the crappy house and put in fancy stuff.

The glass had been taken out and wood put in its place, and it's rotted and looks terrible.However, it seems like it'd be pretty expensive to put a hole in my foundation to vent that way (my other properties vent this way).My contractor suggested modifying the new basement window in a similar fashion as it was before, but he'd make it look better.

I won't be surprised with a $10K roof bill in 10 years.Anyway, this allows me to put in the ACTUAL values and look at the WHOLE investment to see what the REAL return is.