Tenants pay electric and water and I pay for yard maintenance.I had a realtor evaluate the property and they said the current value is 310K.I do not think this huge ARV is based on my my incredible renovating skills, rather I think I just got very, very lucky in nabbing a bargain.Below are some before and after pictures (I do not know why they are turned on theside, sorry).

Like buying a property or lowering your cost of capital, you know "financing" stuff.I also keep thinking that "creative" means different than the norm, something unique, something different, something that can be employed with a higher level of understanding and skill. 

Savvy real estate investors that have good negotiating skills, combined with being at the right place at the right time, can buy properties or notes at significant discounts, especially in today’s real estate environment.

Hi All, I have searched for an answer specifically to this question, so if my searching skills are poor, I do apologize.On my latest SF home, it has an attic area over the porch that has a wonderful space that will be able to add a 15x20 bedroom w/ closet.I have a great GC, but he has hinted at not getting it permitted.

If I were you I wouldn't go so far as saying that, as a beginner, you had more skill than luck, be that as it may, check out Scottsdale discount brokers.

Will that be a "living wage", in skilled areas, say a welder, maybe, in paper pusher jobs, I doubt it.

But it's probably safe to assume that they aren't equally skilled, aren't equally paid and won't provide the same level of care to your kids.Basically, it's your job to find the GC that has the skills most like the high-paid nanny but as close as possible to the weekend babysitter prices...Maybe I should just do some research, then make an appointment witht few of contractors who pass the initial internet sceening test, show them the property and ask them for an estimate and the timeline of work.This may give me a better idea which contractor to pick.That will work, as long as you're talking to the right GCs.

Your soft costs will be more.  

NOt very typical but won't say it is impossible.Also keep in mind you may be required to have som eof your own money in the game as well IE. soft closing costs Etc.....What about trying to go conventional or FHA on a duplex?

So I've decided to learn a new skill!