I Bought a slab foundation house in Oakland county Michigan, a month after close discovered mold and water damage in kitchen & bathroom.

I need help with foundation work.

Property rights are incredibly important and foundational to our very way of life. 

I want to know that I am getting information from somebody who has found at least moderate success in real estate.

If I could learn the ins and outs of appraising and valuing homes in the next couple of years as we begin to invest, I think I could have a really solid foundation to build off of, and ultimately invest my way out of a "job". 

It's a crawl space foundation though and I have run electric on my own on this type.

Education and developing a system is needed to build the foundation of success.

You still have maintenance to pay, and if you have to foreclose and get property back, that's some real money, because you still have to pay the underlying lien.So get a great positive cash flow and buy some equity was subject to and wraps.The way I look at real estate rentals, it costs 10% to sell, so that is my Zero Mark.What that means is $100,000 property today is really worth 90,000 to me with no equity.So in order for me to be interested I need st least a 20% equity position to buy on a wrap or subject to.That may not be everyone's benchmark.So this long post talks about bad credit and how to improve it, and also talks about being a bad credit real estate entrepreneur not a bad credit real estate investor.There many other things you can do with bad credit credit: I love helping sellers that have a mild rehab, say $300,000 house, needs 20,000, but just updating bathrooms and kitchens, the roof is fine, foundations fine, HVAC is fine, paint and carpet is fine, just bathrooms and kitchens.I will do a JV with the seller, basically saying to the seller,if you can not afford to do the rehab work, we can work as partners and use my money and my company's labor to do the work, then sell the house, then we'll get the money out when it sells.This is an advanced concept, "JV with the seller", but the seller makes more money by doing it this way been doing that 65% of ARV less repair costs of wholesalers.In closing,Best of luck everybody that has bad credit and go make some money!

Hey dear BP friends,I have a question regarding epoxying basement wall.A property I am looking into right now has been inspected by an engineer since there was a concern on the foundation.The report came back saying t...

(based on the little info I know about your company)learn the formulas for penciling out a project. learn the language and find a partner who has what you need but can't do what you do... great time to get crankin' on this "foundation" building.