I decided it was pretty slick and did it another couple times.My main strategy is buying rental properties with no cash down-find a deteriorated property, put in an offer, arrange an appraisal with an as-built and put some sweat equity into it.

I think this would be a huge benefit for those looking to connect, and I have heard lots of really positive news from BP groups formed in other cities.I am fairly new to BP and am not yet a seasoned investor, so some additional leadership would be needed, but I am happy to put some sweat equity into getting something like this off the ground if there is interest!

So in order to see an increase in value in 2 years you will either need to purchase a property at way under market value or buy a fixer and build up some sweat equity - or both.Personally, I'd wait and watch the market.

There comes a point where the money you are making on your portfolio is such that you NEED to stop sweating the small stuff, and as someone that is REALLY analytical I need to keep that from interfering with the day to day operations of my business, especially as I grow.

The last one was one purchased with the idea that a family member would buy it, didn't happen (NO SWEAT) and it was bought far below the 1% rule.  

We improved much of the house with sweat equity, and had a fair market value of $110,000 given to us by our realtor.

Anyway, my wife and I put ~$10k and a lot of sweat in to the property and after taking advantage of "Make Me Move" marketing had tenants all but knocking down our door.  

@Jay Craig I believe in good karma, don't sweat the little things.  

Remember to add is an additional discount for your "sweat equity" for the work you need to do.Good luck - Ned

My 'investment' would be the rent paid and 'sweat equity' in repairs.The issue I have is I have NO money to put into this.