I am losing about $300 bucks a month currently which isn't to bad (rent minus hard money loans and taxes, insurance, etc.), but still hurts.

Being new to this real estate investing world, I have been reading a ton on BP and in other places. Also joined a guru REI club but only spent $500.00 on it, had I found BP first, I likely would not have done that. ...

cap rate for area and property, Internal Rate of Return, Rent Roll, Cash on Cash. . .How do you know a buck 35 is a good deal?

Yes, I think it is always good to see what bang for the buck your time is yielding, and adjust if necessary.Here are some adjustments I have made for the newbies in my boat.1.

Depending on what it is, it could vary widely, 70 bucks a ft to 1,700 or more a ft, that would be luxury construction btw.

The big bucks are in the area of downtown Detroit and the adjoining neighborhoods.That being said, there are still some investors active in these areas, however, they are going to expect it for almost free.

What is a way to overcome this and also which lists would you recommend I hit that I can get the most bang for my buck without blowing through a bunch of money in direct mail?

I am researching an issue with regards to a loan with a balloon payment that is maturing.

The tenants agreed to 700 because they didn't have to meet other requirements OR landlord is including paying some utilities in rent to make it seem higher gross income.I really do not like saying this but there are a lot of companies who would throw you off a cliff for a quick buck and care nothing about you or your life.

Why take chances over a few bucks?