Hi,I through buying my first investment property and i have a question regarding estimating the maintenance costs.After checking a foreclosure house which has been winterized, if my offer is accepted and i get a home ...

Then they had a second sheet that was like a mini analyzer, containing most of my usual information but all hidden "behind the scenes", so they could input the rehab amount from the first sheet, they pulled a list of comps and input their approximate ARV, and then out came a price.

Normally, there are a bunch of hidden fees that you need to look out for when you read the contract. $100 is WAY too low and they will be losing money when finding a tenant.

You have to find houses that have huge upside and hidden value that others missed.You've Got to Buy Right:  Now in the episodes I watch the stars always negotiate $10,000-$20,000 off the purchase price, and then explain that by the time they do their renovation the buyer will have $10,000-$20,000 equity.  

I don't have to worry about hidden repair costs and we have no vacancy problems here.Many people get into investing in rental properties and ruin their own lives.

when money goes to escrow it stays there until the deal closes or there are cancellation instructions..

I have a lot to learn and am all to willing to follow instructions and guidance from someone who would be willing to help me get off the ground per se.

The estimated costs of repairing hidden undeclared issues with the property!

Anybody with a hidden agenda mostly drops off when reading the package.

@Chris Lopez co-instructs many of the courses held at the Your Castle office.