I am asking because I am involved in such a project that sells these sites and the customers seem to do quite well.

I have some experience in this and would like to help with anyone who is new to rehabbing or anyone who is stuck etc.Is anyone here beginning a rehab project on a home soon?

There is still no substitute for real-world experience, books can help but you will learn the most from actually doing a project. 8)

Wheatie, one of the ideas I still have a tough time with (as it relates to the 50% rule) is how to adjust projected operating expenses for high property taxes.For example, there is a two family house that rents out for 1k p/m, total (12k p/y).

.), and "show money" loans ( for projects that need to show cash in the bank).

My first question is i was reading a book and they had an example of the cost when doing the project and one of the was Holding cost can anyone explain this one to me, this is the cost of holding the house and paying the lender cost each month right ?

I am a Realtor and a project manager my fathers home building company so i have all the resources to start investing.

What are some of the projects that you've worked on?

I wouldn't base any income projections on leasing billboard space unless you know the local codes applying to billboards.

Air has become a hot commodity in cities such as New York where developers are prepared to pay sky-high prices to add more square feet to their projects through the purchase of air rights.In fact, in a crowded city where the only place left to build is up, air rights are now fetching 80% of land values--previously unheard of pricing--according to top Grubb & Ellis appraiser, Robert Von Ancken."