Theyve done a great job with our units in the past but currently we are unable to rent almost any 1 bedroom units.

Profit Potential: Selling for $41,500 offered a clear profit margin.

However, lender policies can vary, and some may prefer an ALTA (American Land Title Association) policy, which offers broader coverage.Impact on Future Sale:Cash Buyer vs.

You had asked and Bruce was simply offering his opinion. 

Older people who have resources probably fall for it enough that the company gets by making crazy profits on fewer jobs?!

Thanks for sharing, I agree that time and long term investing offers the best return on the monumental investment it takes to  update a home.

Especially if your job involves knowing what to look for, you will be a great asset to people looking to invest and this should help raise private capitol.

These small successes will build your confidence and skills over time while not taking any unnecessary risks.Use Online Resources: Websites like YouTube and home improvement blogs offer step-by-step guides and tutorials for almost any project you can think of.

A higher cap rate indicates a better investment, as it means the property is generating more income relative to its cost.Our findings suggest that Reno is a good market for real estate investors, as it offers the potential for strong cash flow returns.

However, I have already found an opportunity I feel I can not pass up, even with as little knowledge and experience I have, and am looking for any and all advice and thoughts on my first move into real estate.A life long best friend of mine has been offered by a family member for $20,000 to own outright a 3.5 acre lot with a run down mobile home on it.