Success in this area requires a keen eye for undervalued properties and a solid understanding of renovation costs and ARV (After Repair Value).Tax Liens: With limited capital, investing in tax liens can be a way to start small.

Make sure your contract includes 'and/or assigns' language and a marketing clause to be able to promote it.

They will often want a new building constructed and building today with labor and materials is very expensive versus retrofitting existing building.When I buy value add vacant buildings the goal is to double the return on investment within a 3 year period.So if I can use the existing building and retrofit to same concept ( example previous burger inc. but now Whataburger wants to come in ) then not as much tenant improvements to convert.So if rent 20 a foot for 5,000 ft that is 100k NOI NNN a year. 7 cap value is about a 1,400,000 stabilized valueSo if I buy it for 400k and have 300k in it more 700k to get new tenant in the value is then around 1,400,000 based on NNN 20 a foot and a 7 cap rate exit value.If you want a premium price then you would need to sell to an end user tenant ( regional or national in nature) that wants to buy the building and put their concept in there.

-Researching Market Trends: Analyzing current market trends and identifying potential areas for investment.a. This would first be a macro view of markets then zooming into more micro trends.b. When looking at states t...

When you start a business, and as you begin to realize people are not beating down the door to engage with you, a certain real pragmatism sets in.

I am interested in bidding on it and as a part of my research I have seen a lot on what process it would take to get the previous owner out of the house.   

If it is Coming in 2018 as their website states, the city will know all about it.It sound like the developers are a surgeon, a former NFL player and a brother. 

If so, expect to pay an additional 200 a month or more for water, 300 for electric, and a LOT for gas over our long cold Michigan winters.

I am in the same boat as you Jason with the same rate on my primary and a large sum HELOC. 

I have documentation of payments and evidence he lives here and a rental agreement.