Seems to me they start at current retail market and then drop it.

I used to live in Berkley and just couldn't help thinking that Sunnyside would hit next, great location, retail renovation possibilities, older homes.

Might be a good time to write your business plan, put lots of scenarios to pen and paper. everything from financing through the final closing to your retail buyer...once you get the plan down on paper, you might find you are compelled to start...and you'll have your roadmap to do it...Best of luck!

I've also done 17 deals since then, 10 wholesale and 5 retail (inspired to do more retails as well), and 2 new rentals.I still love what I do, I just do more of what I love. :)

Even if all these things are good, the smallest amount of renovations I've ever done a property I've retailed is about $15K, which is a basic cosmetic remodel.Let's say that this house is in awesome condition and only needs $15K in repairs.

It seems that the MLS searches can help you readily identify every neighborhood in your MSA that has a decent volume of retail sales activity in your targeted price range.

Don't insult us by buying retail.

17... eleven rental units and 6 retail deals.

Using hard money will allow you get into most deals with very little if any funds of your own, and as long as the deal is great it will be able to carry the hard money costs.The same holds true for a retail flip... if it is a great deal it will be able to absorb the hard money costs.I hope this helps?

You are paying closer to retail for turkey,so your return will be lower.