Also, age is a factor as a 1969 home will have more issues, lead-base paint requirements, possible asbestos, etc.

In August of 2013 I paid $7,680 for lead abatement.

Certainly, doing additions are a big undertaking, and if you don't have the experience/team/confidence to do it, it doesn't really matter what the math says.That said, if a great deal comes along, perhaps it's a good opportunity to find an experienced rehabber to team up with to take the lead.

I will be in town then, If you guys want to meet up, or we can do a video chat with my partner.Some areas are better to rent out than others, but these are just from stats we've seen.

I have been listening to podcasts that give me great ideas on how to find leads. what I need to find now, are investors, and I need to find out what they are looking for.

Hi, I'm taking the plunge in wholesaling, and just need a little help in the overall process when I actually get leads.

@Mark Ferguson I saw the video on your blog of your latest flip.

My mentor / business partner who is showing me the ropes in RE is starting his own property management business after being in the real estate game for 13 years.He is offering me a job in said property management business as an on-call maintenance person, and also said he can pay me to do yellow letters for him (I currently send out a lot of them for my own investing purposes).He said he can either pay me for each letter, or a 10-15% commission on income from any leads I generate (so if I land him a property that he makes $150/mo on, I would make $15-$22.50/mo on each property. 20 properties = $300-$450 / mo total).Either way, he will pay for all the material and postage- so I'll just be taking care of the rest (printing, packing, sending).

In the process of becoming an agent and started my campaign to funnel in leads.

I've read in places and heard in podcasts wholesalers paying $500 for leads that turn into sales.