Now, when you go to replace a home you get hung up in permitting and are required to replot the whole park (last time I consulted on one of these, it cost the owner 100s of thousands because he didn't listen to me in coconut creek!)

@Dev HornI just posted some advice on a joint venture with the seller versus a we buy houses 70% of a or B minus cost offerThe deal was 190 ARV 30,000 in repairs free and clearIf you want to be a transaction engineer you better be able to deal with notes during joint ventures with sellersThe difference in these two offers the seller would have got 103,000 with the investor deal and 144000 with the joint ventureRule of thumb  I have in wholesaling sometimes is a ****** offer to the seller and they're all going to say no and you're wasting your timeWhen dealing with Minor rehabs in good locations, joint venture with the seller is the way to go

I could have easily gone with particle board melamine, and all mdf doors, but the plywood will be more durable, and less prone to moisture problems, and the hardwood doors will handle wear and tear of my toddler as well.I also am an engineer for a cabinet shop so I can design, program, and cut my on cabinets on a cnc, so I'm a little biased and have a few more choices than most. 

Be transaction engineer!

We have a back door to replace too.

Hi all,For a couple of years I've been daydreaming of starting as a fix and flipper or holding rental properties with the end goal of replacing my day to day income.  

Heres the way I calculate it,(Gross Scheduled Rent) - (Vacancy rate (at least 5-6%)) = Operating Income(Operating Income) - (Repairs & Maintenance + Utilities + Taxes + Insurance + Management Fees (at least 8%) + Replacement reserve (capX)) = NOIThen I simply divide the asking price by the NOI (Asking Price /  NOI) to get the cap rate.I can't find anything above 5 or 6 % at best, am I doing something wrong or does the MLS just suck that bad??

We need a structural engineer and someone to help us with the design layout of the new kitchen, laundry room, half-bath,and living space and the layout of the Master bedroom and master bath.we are in Greensboro North Carolina so we would like someone local.with an architect be the best person for the interior changes?

I have since fixed it and replaced the opener. 

Currently work as a Project Engineer with a commercial development company (retail and multi-family apartments).