Design your business so it can scale or just accept you will always be a small investor.John Corey

If it then works out that the house goes up or down in value just ignore its value unless you are willing to sell.Having a bedroom on the main level or other factors could be more important to your future happiness than trying to keep the value of the house under X% of your net worth.Flip it around.

You have to investigate the project, the cost to buy, tear down,haul off, clear and grade,design,build and zoning variances.

Put me next to any college-trained mechanic, computer programmer, web designer, network technician, computer repairman, construction contractor, or internet marketer, and i could carry out a conversation as if i were one of their classmates for years.

:roll: But I am still fixing them up and selling them the thing is I am planning a hold time of 8-12 months when I purchase these and just factor it into the initial purchase price.

All these factors are the main reason we always offer free estimates, there are just too many variables involved.

I told my buds that one was a big hitter for (large, Houston based computer company) and the other was a software designer for (big, Houston based software company) and while both had excellent taste in homes and cars neither knew jack about handling money.My buddy said; "well, you may be a slumlord, but at least your slums are on golf courses".

Average and median are not the same.Also understand that there are likely a number of factors you should be considering.A large positive for LV is the fact that the population keeps growing.

Your credit might be crap and the key factors might be events that are still going to keep your score low.4.

Different things work better in specific markets.If you have been reading you likely know the important factors so share a bit more and see what people have to say.John Corey