The average for the U.S. in the third quarter was a 28.7% return on investment.It’s impossible to know what every flipper in the U.S. spent to remake homes but Attom said the 28.7% return is within a range that could be easily wiped out by renovation expenses, mortgage payments and property taxes.”My large last extensive rehab was a little unit and I spent over $100k and I have done quite a few rehabs (3 last year, so hopefully my cost is competitive with what can be achieved).  

At the end of the day, whether small or large deals it always comes down to relationships.

If you stay in Northern Minnesota you could look to locate closer to Duluth which has a large supply of duplexes at prices much below $500K.

Redesigned a bathroom and kitchen with all new interior. added a new half bathroom.  

We do have cash available, but with a large amount of equity in our primary residence, we wanted to avoid tapping into that cash to instead take advantage of our equity.

The information contained in this post is not to be relied upon.

But if you lay out your plan to the owner over the phone, it's very hard to get a "yes" because trust is developed with a face to face meeting.Trust can be established by talking about your past record (as an investor) but also if you have something positive about yourself (profession - real estate agent, nurse, teacher, fireman, doctor - any profession that can give you some added credentials).#4 Owner vs.

By adding 3 million barrels a day by 2028, energy costs are likely to drop.

If you remodeled, added a room, replaced a roof, painted, boosted the curb appeal, etc. that's a different story.

It very well could become a large enough investment to be worthwhile, also solving for "unexpected emergencies ", for the most part and would an easy self management situation if you were to live onsite in one of your connected townhomes.