The one thing I walked away with was that some Chinese investors are willing to take a 0% - 2% return on investment because having their money here is better than having it depreciate in Yen.I would normally brush off stuff like this but even in my backyard I see international money buying 5% caps.

Just color over the scuffs,then take a soft towel (I use a terry cloth) and buff it out.

I'm selling a turn key in Cedar Hills area with some minor cosmetic repairs and a "soft spot" on the floor of one of the bedrooms.

In my mind the marketing is softing.

Not that any fraud is "good" and I'm painting with a broad brush here, but something about taking advantage of people who want to do a little bit better for themselves is somehow worse than preying on people's greed and vanity.

Beside All other soft costs, How do you track the cost to build a 4 story building in downtown Jersey City or Hoboken for proforma valuation. 

The acquisition cost is $375,000, construction cost $3,080,000, soft costs $137,000, Contingency $150,000 for a total cost of $3,742,000.  

Brush up before making arguments, particularly when contradicting seasoned investors like @Will Barnard and @John Thedford.

The problem with painting over kalsomine is that the layer that it forms is soft and easily crumbles.

Let's say you purchased a 4 unit and let's assume you accurately forecast the financials and rehab:50k purchase w/30k rehab (+ soft costs, holding costs etc.)ARV is 100k Purchase and rehab funds come from hard moneyAfter your rehab, stabilization, and seasoning you refi in 1 year @80%.