Licensed p/c agent.As rates vary greatly from area, to construction, to tenants, there are too many factors involved that give you an accurate rule of thumb.What I've been using is $1,000 for SFR, $1,500 for a 2-4 family rental, and $2,000 for college student rental.I know that the rates won't be higher than that, so anything I'm off by is just gravy.

Problem is, you have no legal right to enter the property until until after the full amount of the bid is paid, and this risk of 'potential unknowns' makes getting even hard money virtually impossible, no matter how good the deal is.I always allow for an absolute maximum cost total rehab in my figures on any property I bid on (and always check the property externally), and there's still plenty of 'meat on the bone'.

Retail strip centers, Office / Medical buildings,  Restaurant buildings, Gas stations,  industrial office.Of course, the Cap Rate  ( income % ) is an important factor for me.So, some thoughts on Las Vegas investments in the $1.5M-$3M range ?

Located in North Hollywood Art District (Los Angeles) - a place I love to buy - so if anyone has any NoHo properties for sale - please PM me :) ANALYSIS:We cancelled escrow because of several factors: The back rec room was not yet a lawful unit that one could legally live in.

It's not as bad as we had initially thought.There is a $5000 overage factor in the rehab budget.

If we can mitigate that so that we make sure that we earn our 9%, then we would be willing to take a look at that deal knowing that our upside is worth the risk.With respect to SFR, you need to factor your time as an add on to the return.

Wow factor or a white elephant?

They assume that somehow shuffling around their external environment (their friends) will somehow improve their internal environment (themselves).  

The other thing to factor in is job stability.

I'd factor in a slightly higher vacancy for that type of property.