I want to get into wholesaling real estate in the OC area of California (Costa Mesa, Huntington, Newport, etc).

I'm Alex Perez from St.Paul/ Minneapolis MN, passionate about real estate investing for the past year.

What you pay with labor will depend on if for instance one of my units still has a good pad and tack and strip then I just pay for carpet and installation cost.What you will pay will also depend on how much you are installing at one time.I don't like Berber for rentals.The design of the loop once it starts unraveling it can unwind pretty good an dis harder to get certain stains and pet stuff out of it.With carpet you want a Nylon carpet even if the cheaper version.Some carpet guys will try to sell you the rubber composite carpet stuff which is the really cheap stuff so it will stand up to tenant abuse.The problem is it can only be cleaned usually up to one time and then you need to replace it again.So I would rather get a cheaper nylon that can be re-cleaned many times over after installation for an additional .10 to .15 a sq ft extra than the super cheap stuff I will have to replace again.If you get 1 sq ft for carpet,pad,tack and strip,and labor install and it is Nylon you are getting one heck of a deal.Even at a carpet place usually you are at .40 to .50 for the pad and .50 to .60 for a cheap carpet.Then you have to do material to install and labor.I have seen sometimes if you have to do a small area you can pick up quality remnant pieces for real cheap and hit that type of number or buy in bulk.

@Naomi Spira  not real tough to prove these are not valid arms length leases.market price is double leases done 3 days before foreclosure sale slam dunk

Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?

Quote from @Brenden Evans: Hello, I am a 21 year old real estate investor out of Los Angeles California.

Are you in the real estate business?

The real goal is capital gain, and future cash out refinance. 

Real estate sales have kind become slow this year.

Hi everyone, a close friend and I are partnering up to get into real estate investing.