Mowability, having steep areas, gullys or other problem areas will cosat money to cure making the property similar to other comparables.Mature trees are a plus, you can add at least a grand for a large walnut tree.

., a Georgia corporationBY:______________________________ Paul Broni Its Imperial Grand PoobahThis makes it extra clear that the name and signature is not for me, personally.

But that's almost five months and several grand in fees, and the most likely outcome is we get it back.

It’s outside of Grand Rapids which is what I was originally looking for but the deal popped up in Kalamazoo and I decided to swing at it anyways!

You can certainly revise that, you don't want someone in there that can get by on a grand a month really, GMI of 2800....I'd not go more than 50% as an elderly type might not have nuch at all besides food, medical and utilities,say if they don't drive.

Hey everyone,My wife and i are from Grand Rapids Michigan....I've been on the site for a while, reading a lot and soaking it all in!

What I mean is that I think if you buy, fix, and manage such a property yourself, you would likely lose money on the investment (maybe a few grand up to say 10), but coming out of it you will have some really great hands on experience that you could apply to make money and apply to your next deal.

The difference in price is pretty negligible in the grand scheme of things. 

So you'll probably have to address the electrical service- I did this on a triplex several years ago and it cost about 4 grand, if I remember rightly.

@Bill QuigleyI’m thinking that paying him the 2 grand agreed on for this progress instalment is the much cheaper option than paying a lawyer the 3 grand upfront retainer.