I could help you out if you are buying office or industrial property or if you are just lookin to sell some contracts.Welcome aboard!!

I'm looking at a property that needs a COMPLETE rehab, and to top it off it's in a historical district which makes it extra hard. on average how long does it take to flip a property like this.

I've been in the mortgage industry since 1989, I post on various other boards as well, and just found this one.

I am brand new to investing in real estate, although I have a background of working in the industry.

What should be a good middle-of-the-road % rate of compensation for a bird-dog in an average deal?

, and how do you learn what the average rent you can charge is?

I own the following units.one small metal construction warehouse 12000sqft single unit In a industrial ParkOne 33000sqft 3 story Office building brick with 17 Units in a downtown areaMy focus is on the the office building.

For example, if you are renting a property at $800/month, then the 50% number would estimate expenses of $400/month on average over the long run.

We have done over 1500 deals (300 in 2009) and have a reputation in the industry for having great inventory at great prices.

Thanks.5 Unit aparment house in Rhode Island7 Parking spaces for add. incomeAking 299,000Purcahsed for 250,000 ( 16% less than asking price ) 299,000 - 250,000 = 49,000 / 299,000 = 16( 25% Down{50,000.00})200,000 mort.30 Years7.8% fixed1439.74 monthRental Income525.00 for average unit ( This may be off for this area or not )Gross Monthly2625.00Yearly Gross31,500.00Parking Space Income175.00 month ( 7 x 25.00 = 175.00 )175.00 x 5% vacancy = 105.00Parking Space NOI 1995.00 yearlyExpensesGas ( 50.00 month, 600.00 yearly )Electric ( 100.00 month, 1200.00 yearly )Water ( 70.00 month, 900.00 yearly )Total Utilities ( 220,00 month, 2640.00 yerly ) Vacancy ( 131.00 month, 1575.00 yearly) (31,500 x 5% = 1575.00) Taxes ( 275 month, 3300.00 yearly )Insurance ( 100 month, 1200.00 yearly)Yearly Rehab ( 75 month, 900.00 yearly )Yearly Maint