For the past 25 years we have been one of a few GC's in this area, but now we are starting to see the big guys come in (Castle Rock, Chesmar, Lennar, etc.).

As I gained more knowledge and experience, I understood that everything is negotiable in real estate investment, and it starts with evaluating the properties and the underwriting templates.Understanding lender underwriting and income restrictions is crucial for success.

@Donald EggersGreat looking start to your real estate investing.

You could do 'coming soon' and then start showing it once you close (and before it turns into a reno zone). 

This is critical early on when you start investing.Better Property Management: Understanding the basics of plumbing, electrical work, and other home systems means you can quickly address minor issues before they become major (and expensive) problems.

I have always been interested but never knew where to start. 

Anyone know how to start an area?

If such is the case, I'd walk away and continue the hunt elsewhere.If they will allow access, you may find that renovation was started but no permits were pulled and no inspections passed.

Purchase price: $168,000 Cash invested: $40,000 Sale price: $299,000 What started out as a family friend needing out of their home due to financial hardship turned into an incredible project for us.

Rinse and repeat.My question is what do I need to do to get started?