@Bryan Nwokem since I don't know nothing about real estate since I'm also new the fact that you said this is a new build and based on the rent I would just go $1,700 a month that would be me if I was in that position but then again I don't know numbers.

Here's a snippet from our starter course on becoming a Local Real Estate Developer and it will help you understand where the value comes into a development project to see how to weight the equity and deal terms based on the experience of the partners in the deal. 

@Matthew Paul you are right, this wasn't a home run deal, just a base hit, you can't expect to have a huge profit when it's just a light rehab.

Hello All, I'm a new member who's interested in touching base and learning/sharing experiences with individuals who are growing in the San Diego Area.

So there’s a good chance aluminum still in use today is pretty old by now, and electrical systems don’t improve much with age like wine and women do (my opinion on the latter but fact-based for electrical wires and wine).

Since pricing is always based on supply and demand, when you find a house that is priced “ridiculously low” it’s because people don’t actually want to live there.

Quote from @Nicholas Cavato: Hello everybody,I am a new real estate investor based out of Tucson, Arizona but will be moving back to the Midwest (Cleveland, Ohio) late 2024.

What are you basing this on? 

Maybe and open world type of game, where mostly, residential markets are covered and based on current or recent events in the housing market.

My location strategy was being close to train transportation to capitalize on the large commuter base traveling into NYC.