If things go well, we'd like to continue doing deals, but I consider this to be the only deal with the same 5 individuals to get our feet wet.

Keep in mind for the 203k loan you will need a general contractor to do the work, you can't do it yourself.For the second house, I would wait till you are done with the first, get your feet wet there. 

Also called luxury vinyl priced around 2$ a square foot.

Hypothetically, you may also need a boat in case there is a great flood and your city is submerged in 10 feet of water.

Hello everyone,I'm new and looking to start investing. My long term goal is to use real estate investing to build a secure future for myself and my family. I currently work and go to school part time, but I do have pl...

We got to see the unit when we were in the inspection phase.Last fall we dragged our feet on making an offer on a flip, got beat to the punch by another investor and we're still kicking ourselves.  

I will continue to read, listen and question you great people until I have learned to stand on my own two feet; I guess I'll be here a very long time (hehehe).The best to all for 2015.

She has a VERY small house (400 square feet, and packed) so there is no room to put the stuff to dry it out.

Rewiring the whole house, - 1200 square foot house, two levels, basement, and underground wiring to the two car garage - $11,000Just the breaker box - $1,100Some places will charge Labor and $3.00 per linear foot. 

Oftentimes This Number Is Might Be derived from square footage of the house or just simply using the comps in the neighborhood.