Seeing that he can buy properties that provide $100/month per door positive cash flow after a 30 year mortgage and using the 50% rule for expenses, he figures he needs 50 doors

This way the GC can easily bid out each part of the job, and get me a bid much more quickly than if he has to consolidate based on my "room to room" list of things to do.I'll then have my GC give me a labor bid broken down into the following components:- Permits- Demo/Dumpster- Foundation- Roof Framing- Roof Felt/Shingles- Siding- Gutters/Soffits/Fascia- Decks/Porches- Landscaping- Doors- Windows- Wall Framing/Sheetrock- Electrical Rough- Electrical Final- Plumbing Rough- Plumbing Final- HVAC Rough- HVAC Final- Kitchen Cabinets/Countertops- Bathroom Cabinets- Bathroom Fixtures- Interior Paint- Exterior Paint- Carpet- Hardwood- Tile- Vinyl- OtherOther could consist of anything from install mini-blinds to replacing outlet covers to installing appliances.This generally gives me (and the GC) enough detail that the job can be accurately estimated, and if things change (or surprises are found), we can adjust individual areas accordingly.This also gives me a good idea how much each of his subs will be making, allowing me to figure out what his profit margins will be -- giving me some negotiating help if needed.If your contractors have an issue with filling this out, try telling them, "My lender is requiring me to break it down this way in order to approve the loan."

With our current entitlement society, the taxpayer is required to pay for these deadbeats, putting a much larger burden on society than in the great depression.

This will give you a lot of great "back door" information regarding the real estate note business.

I would like to learn about financing and acquiring larger apartment complexes.

You can pull off the lead covered trim and get new trim doors and windows.

I'm buying at a much, much larger discount.When your units are filled, and nothing is going wrong, your expenses will indeed be much less than 50%.

The 4-plex that is literaly right next door to my office building came up for sale with a very good cap rate.

I spent a lot of summers in istria(the peninsula in west of the country,to the border with the slovenia) and in my opinion there are a lot a beatiful places,especially on the west coast(few examples are litle and relatively peaceful cities like porec,rovign or novigrad), wich have a big potential for every kind of business or just for build the house of your dreams by the sea,but until now foreign investitors were not allowed to buy these proprieties unless they were a company owners.finally, today the croatian government opened the door to everyone who want to buy a house, a app. or a lot in this beatiful country. personally i think this is a great opportunity for everyone interested in making a smart investiment!!!

You never know when someone will knock on your door.