The other is how much depreciation has the builder and or seller taken from the project.

You need to define if you are going to create the subdivision and sell off the lots to builders, keep the whole project to yourself and build all the properties, or do a mixture of both (sell some lots and then build your product on others).The key I have seen time and again is the costs are more then projected and the build out takes longer.

So, what does the mentee look for, could be a warm body if they have money, I'd say as your money and ability to contribute on that front declines your ability to perform on other fronts will need to increase.

They will have relationships with local home builders with portfolios of leased properties for sale that are off market and don't appear on the MLS.

Ryan Lundquist,There are 2 local investment clubs in Sacramento that I have attended - and seem to be the most popular - are the NorCal Real Estate Investors Association (NorCal REIA) and Capital City Wealth Builder (CCWB).

Depending on what you’re looking for, local builders, rehabbers, and turnkey providers may be a better option.Originally posted by Ricky Stafford:I am very new and have never purchased a home but I have the cash to do it, I'm just wondering how much I really need.

If anyone knows any builders who they know can get it done in the range you fellows are speaking about in Los Angeles, plmk, as I want to build a home.

The "starter house", "move up house", "mini-mansion", "downsize condo" idea is a plot by realtors and home builders to extract as much money as possible from you on transaction costs.

I'm looking for ideas to bring it in house.On the bright side I did start a good conversation.I'm a builder, developer and real estate agent.

That doesn't mean there isn't any, but you don't see a lot of builders constructing fourplexes these days.