They are renting for about 2800/m for a 3bed/1 1/2 bath.I'm trying to swing in around 2100/m and am trying to put some polish on the place to get it up there.Right now I think the product I have can rent around 1800/m and sell quickly.

We are just doing the major work the homeowner will do the finish. 25 X 30' foot footing s/b pouring concrete Monday.

The carport would cost $800 plus $500 for installation without closing it in or $3,500 plus whatever it costs to prepare the site, build a concrete floor, and do a few small finishes on the inside (power, lights, etc.).

Acquisition was ~30,000 and they're looking for ARV ~155k.After walking through this property we advanced to completed rehab property on concrete slab, tri-level for comparison work (it was actually just one block away from the fix/flip project.Aaron and Sean did a walkthrough, pointing out the finished work and having discussions about the costs of rehabs and financing options for doing fix/flips.Chicago Action Investors meet every weekend to form partnerships, gain knowledge from experienced investors, and analyze prospective properties for deals.

Here to answer any questions about purchasing homes in Texas and what to expect when it comes to one of the first and major concerns - The Foundation. Having the right Foundation Repair company can make all the differ...

The gas range is butted against the wall and creating a burn mark on the wall.Patio awning needs to be replaced.New exterior doors.New garage door.Some concrete/brick work around the front steps and in the driveway.Replace glass in window on enclosed porch.The owner does not currently have a mortgage and is looking to relocate to California in a couple of weeks.

It might be hard to offer concrete advice since you left out some pertinent facts.Is the property occupied or empty?

Property Selection - Only buying properties that i feel comfortable with the risk, and have concrete numbers on repairs etc.3.

It sounds like they need a cinder block house with concrete floors and FRP on the ceiling.

I haven't talked with the owner about purchasing since I have zero personal finance and no concrete plan of attack.