Purchase price: $5,000 Cash invested: $185,000 Sale price: $272,000 Completely remodeled & updated featuring new electrical wiring, new plumbing, new foundation, two new HVAC units, new water heater, over 20 new windows, new engineered hardwood floors, and all new tile and carpets throughout!

Purchase price: $5,000 Cash invested: $185,000 Sale price: $272,000 Completely remodeled & updated featuring new electrical wiring, plumbing, foundation, two new HVAC units, water heater, over 20 windows, engineered hardwood floors, and all tile and carpets throughout!

I'm not in computers or in the Bay Area, but I used to be an engineer and I'm in LA... close enough?

I’m having a structural engineer come out and quote me, but if he quotes too high, I’m looking to get a better price on the home. 

Using residential loans for investment deals are like trying to use a steam engine to power the internet, you can do it, it just ain’t smart.

Perhaps, most importantly, is reverse engineering the math on leads and marketing.

Plus just simply keeping an eye on some properties through a Redfin (or similar RE search engine) for a while will give you a better feel for the areas in which you’re looking.

I’m currently going to college for engineering and have started to learn about investing in real estate.

You'll prob. have to have an engineer design it or at least sign off on it. 3.

Few will actually want to do this in a robust market, more will do this when the economy tanks.