Hi everyone, I have been doing some research on rental property and what I would like to know is, how would I be able to tell if the property taxes are too high in terms of positive cash flow if there are properties that may be similar in size but not style with taxes that are much lower?

Doing grunt work for one of the heavy hitters in town would probably teach you a lot. 20% of realtors do 80% of the business in most markets.

Sidebar: I have considered finding a partner in my areas of interest, but I would need to know this person and I have the same style, vision, and work ethic.Any suggestions?

The benefits to the trainees if obvious: I'm teaching them how to wholesale properties and make money.3.

jon is right...the min measurements are for a fireman to be able to enter and exit. when you cut the concrete, you have to use a lentil or a header on top. also, tie the storm drain pipe to the weeping tile around the house. then fill with 3/4" gravel. bolt the well to the house with anchors. fiberglass wells or galvanized are the two options. then needs a cover.i quoted it for my house... it would cost between $1500 and $3500, depending on the style/size, etc..

The one we're working on is to teach people to invest.

If so, what specifically do you have to offer someone who is willing to teach you in that capacity (no relationship and free of charge)?

Im trying to get an idea of how much it would be to do a gut rehab on a 700sq ft bungalow style house(2bd 1ba).

This is a good area with 10/10 school system so that is definitely a plus but it is on a main road which is not my favorite kind of house to buy (although for rent sign will be seen by many everyday).Here are the numbersPurchase: 80KRepairs: 5K (hvac, paint, fridge,stove) Roof is newAVR: 95K to 100KTaxes: $525 per yearMarket Rent: $900 to $1000Purchase: 15% down with Closing Costs & Escrows: $50003BD - 1 1/2 Bath - 1 car garage1100 square feetYear: 1972Exterior Shape: Average to GoodInterior Shape: Average/Cosmetic The houses in the same area and style are selling for 90K to 120K so the resell value is there.

I try to involve my son as much as possible and let him do things like take the pictures :) If I can teach him how to start and run a business I'll feel accomplished.