I am prospecting to commercial retail property owners, REIT's and investors looking to do 1031's. I do property management and leasing. Any advice from owners/investors out there on what they are looking for SPECIFICA...

I would recommend using a pressure washer to remove any loose material or dirt.

If you have an established business which rely on line of credit to survive (buying materials, providing maintenance, etc) then you can easily loose your business should something goes wrong with your real estate investment.

I'm psyched to be here and have a lot of material to contribute so I'm excited to see what I can get into on here and meet the other fine investors of BiggerPockets.I don't know where I read the thread, I think it was the twitter/tweeter debate but I think BiggerPocketeers has a nice ring lol.

Original link http://moneywatch.bnet.com/saving-money/blog/home-equity/how-many-foreclosurs-are-on-your-block-you-might-be-shocked/580/ [COPYRIGHTED MATERIAL REMOVED, use the link.

Back to the point, cost of goods sold will rise with rising demand for raw materials.

Do as the Buddha says and "Believe nothing", take in as much material as needed in order for you to achieve success.

Each property, each market, each investor may have a different "right" answer, but in my experience, in many different socioeconomic areas, it has always been more beneficial over the long run to do the rehab.IF done properly, with appropriate materials, at a sensible cost, AND with a "normal" useable floorplan, AND with a final appearance that is pleasing to the masses, you will be able to get the best tenants for the price range, at or near the top of the market range, and, properly screened, they will take better care of the property and stay longer, reducing expenses.

So basically you know he's in $140 for materials (minimum) meaning he's charging you $190 for labor... what's that, 3 or 4 hours?

Keep in mind you potentially have material costs, labor costs, back hoe prices and dump fees.