Purchase price: $850,000 Cash invested: $500,000 Sale price: $2,250,000 Purchased , knocked down, built new from ground up What made you interested in investing in this type of deal?

2) I bet you could draw that same or even more extreme graph for new car prices.

For almost $100k a lot you want a pretty high NOI to make sense of it, like over $300k IMO I agree.

We go to straight to sellers with our marketing the prices our better and the ones that meet our criteria we keep for cash flow and the ones that don’t we wholesale.

If the rehab is good, lower price and you'll get applicants.

That said most folks have price targets and if large complexes are conceding 1 or 2 months on the 1st year lease, itll put downward pressure on your rent to some degree. 

A high occupancy does not guarantee the lost revenue.

I highly recommend their services.

(The floors are tile and terrazzo, so it is easy to clean up spilled paint.)We haven't gotten an estimate on the painting from a painter yet. 

Since prices are so cheap, you don't need to worry about hard money.