Real estate investing strategies are so numerous it's hard to "pick" one.the problem with "picking" a real estate investment strategy is they're not like mutual funds. to be a real estate investor, you've got think like a businessman. a businessman or entrepreneur, is a control freak - they want to figure everything out and have the satisfaction of control.real estate investment strategies do not match the modern-day "investor"...people with 401k's who "pick" a portfolio are not investors. heck, the portfolio managers are not entrepreneurs, they're employees of a HUGE company and they manage these gigantic funds with so many different companies, it's no wonder there's no money in mutual funds.real estate investment strategies involve looking at CASH FLOW.

Once I complete a decent rehab or two, I will have the basis he requires, but I need to figure out how to make the first few deals happen.Does this all sound typical, or is he a little more conservative than most?

I figure If I can buy cheap, then I can sell cheap.

Figure wiggle room on their asking price.Whether a cap rate is good or not has a lot to do with your personal investment goals.

I have been tossing the figure of $120,000.00 around.

This property was having a difficult time getting filled, and I couldn't figure it out.

I never have figured out who screws up when that happens but you wind up disturbing tenants twice and looking stupid to boot.

alot goes into investing - for rentals - you'll need to go over a cost analysis of it first - for any property that you intend to rent.you've got a long way towards figuring all this out.

Well Dealman, it sounds like you've got all of the angles figured out and us "ignorant people" just need to shut up.

The loan officer told me they had invested about 50-60k in renovations, so he figured it was now worth 400-420K.