Depending on your experience level though it might make sense to flip 2-3 houses first to understand how to deal with contractors, lawyers, lenders, agents, etc when the stakes are lower.Even though apartments are commercial properties, getting some of the basics under your belt will result in 2 key benefits:You will have a good idea of estimates for normal repairs to the units and can better understand what properties will take once you purchase them to bring them up to your desired standard for the area.Your potential investors might have more faith in your performance if you have some other investing experience under your belt - might even want to consider getting 1-2 rentals to help with this "resume building" if you are going for a number of investors that may not have personal knowledge of your capabilities. .

In this particular case it would have made sense though.To refresh my memory on the charges I did a quick mock up at the USPS and the charge was outlandish to buy a book of 10 stamps for $4.60 at $1.25.However to buy 4,500 it was only $1.75 so negligible if you are buying a ton like I was talking about.

Sometimes they bring in speakers who are merely trying to sell their stuff.

That' said, rather than tie up traditional bank funds I can use for other deals or bring In the PL funds which is 12 percent for the entire purchase and repairs what's the best angle ?

We left both gas and electric in the kitchen and we're planning on offering it to tenants as bring your own range either gas or electric.

A buddy of mine was screwed out of a deal and out of time and money after he assisted with bringing a California deal together from New Jersey.

If you're not bringing in investors, that might be a way to scale out your biz since you've got a proven track record.

HelloI am new to the forum and I am doing some research on options in bring in cash with real estate.

While we hope to someday go for students to get the higher income they bring, we want to start by seeing if we can get a family in the upstairs unit of one 2-family - especially given the nicely renovated condition and unusual combination of central location linked to top suburban school district as a possible attractor.Being new to this, I've spent the past few days reading a lot of info on this site to get educated on the rental process - very helpful.

Hector,You bring up a good point, I hope Josh the owner of biggerpockets.com reads this.