My mechanic bought a home here as well as one of my teacher friends.

As stated above we also do major renovations before leasing units to try and get all the mechanicals dialed in. 

I brought the 2012 Silverado to a mechanic before I bought and found it had large holes in the truck bed from a 5th wheel attachment.

I assume some of this cost will go to the exterior for aesthetic improvements (paint, landscaping, signage, etc) and some will go to deferred maintenance (new roof, new boiler, repairs to mechanicals, electrical or plumbing systems, site drainage, sewers, etc).

Real estate investing is great because we're not necessarily re-inventing the wheel - not that there isn't a massive amount of creativity put into getting deals done - but the general mechanics are relatively straightforward and have been done thousands of times for centuries.

I am a mechanical engineer in the commercial HVAC design field, and I want to use some of that knowledge in the residential real estate market. 

I would focus my efforts on finding homes that are mechanically sound, but may be outdated cosmetically to bring top dollar. 

I decided to go the rental route, as my strategy involves buy and hold and more of an emphasis on cash flow.With that said flipping has intrigued me, I mean the payout sounds great. 

He called me last night and mentioned the bank wanted me to write up a mechanics lien disclosure or something of the sort that the seller has to sign before closing. 

Hi all, I am a mechanical contractor breaking into multifamily.