I have done every type of construction work from digging foundations to roofing, so I have the knowledge base.

I'm not sure about your area.....but in the Houston area, residents of an area experiencing regrowth tend to try and sell their older properties at the going rate of new construction.

Do you think a DWMH in a good neighborhood (clean, appears good, new homes, newer cars - new construction going on all over this area but not right in the vicinity of it) would be worth at least the tax value?

In fact, I'd bet that the number is probably less than 40%.Most American millionaires (those with a net worth of more than $1,000,000) are "self made".

I'll bet if the "disclosure" during the ending credits told the whole truth both of these crews ended up losing money!

I got it for 28K, WAMU financed it as a construction loan.

I have some deals I am working on right now with multi-unit buildings, two-to-four flat buildings, single family homes and new construction opportunities.Again, thanks for your very insightful post.

Stay away from the extreme North because the new construction will pound you when it comes to selling your house.

I own the following units.one small metal construction warehouse 12000sqft single unit In a industrial ParkOne 33000sqft 3 story Office building brick with 17 Units in a downtown areaMy focus is on the the office building.

I own and manage a remodeling construction company and just now getting into RE investing.