I just joined BP a month ago, this is an excellent source of RE material, I really can't believe they are giving it all away for free!

I'm going to have to learn a bit about how to utilize technology and network with others to minimize the distance risk.

Does not look new.So basically, what improvements/materials give the most bang for the buck in this type of neighborhood?

This is important because I'm currently utilizing traditional financing, and am therefore hindered by the time it takes to save for each 25% down payment.2) I have a realtor there whom I know and trust on a personal level.

While you do sell material and offer mentoring, I did not see the dirty upsale attempt.

All in all though, think we raked in a solid deal.Please review my numbers and let me know how I did.Purchase price: $92,900 (all cash)Closing costs: $1,800 (inspection, survey, etc)Renovation costs: $22,000Holding costs: $1500 (utilities/taxes/insurance)ARV: $160,000Closing costs: $8000 (realtor commissions)Net Profit: $33,800!

As far as time to do a septic, I can do a septic in one long day from start to finish if all materials were on site and inspections werent necessary but that is never going to happen.

This is to offset your increased utility costs.

I wish I had a photo, but one small area looks as if parts of a board is missing and was replaced with this.....pliable material.

The materials for this work would be less than $125 (retail), so the labor would be about $500.