First post to BP and I'm looking for input on where seasoned investors look for their investment properties in relation to where they live.

I love the fact that multi-families in the city are relatively cheap and the rents are decent.

If so, it is relatively business causal.

Find that next deal...See if you can find one to fit this formula:Maximum Allowable Offer (MAO) =(ARV x 0.7) minus repair costs minus closing and other purchase-related costs minus your desired profit.For "my money", my MAO on your deal would probably have been closer to $80K.

Also, the area around the damage looks relatively clean as opposed to the exterior wall above the window... is there water staining and/or mold there, or does the wall just need a good cleaning?

The investor purchased the asset with the intention of renovating the units and adding value by increasing rents.South Shore remains to be one of the most undervalued neighborhoods in the City of Chicago relative to employment, average house hold income, occupancy levels and rents.

Hello Jacksonville and BP community I'm a handy man in the are of Jacksonville with a lot of experience on rentals and turn around as i have been a maintenance supervisor on the apartments industry for over 6 yrs i can do from flooring to roofing HVAC or pool literally anything related with a house  please feel free to contact me if you need help on any of your projects I'm here working my self up as I'm looking to invest on real estate as well.

I'm relatively new to RE as well.

$2k - $5k, it's all relative.  

Frias develops new business, manages client relations and works with the Hart team to advance the goals and objectives of its clients.Prior to joining Hart, Mr.