Wholesaling101 You Tube ChannelKent Clothier – You Tube Memphs Invest channel

hello everyoneI am chad and I am looking to learn about real estate investing i have been watching the bigger pockets videos on u tube lately and decided to join the group I am hoping to learn and research some more before i jump i and buy my first rental property. 

Currently looking at a house that has knob and tube that needs to be rewired.

As healthcare goes down he tubes, I am diversifying my income...I think.

I am an electrician by trade and own a 1916 home myself so the commonly frightening buzzwords such as "knob and tube", "plaster walls", and "asbestos tiles" don't carry quite the same weight with me but it will be nice to have someone who is as objective as possible.If you feel comfortable answering, could you share what you budget for repairs on these older properties?

This is  pretty spot on,  Its also  safe to say that town  off the speedline like  Audobon, Collingswood  and all of the Haddons were  mostly built in the early  1900's  similar to Philadelphia so even with a  rehab  I would  higher the  cost of  repairs  withholdings  close  to  8 to 10% and  youll have  the majority with Knob and Tube!  

Wholesaling101 You Tube ChannelKent Clothier – You Tube Memphs Invest channel

My plumber has done this, my electrician (we have to replace knob and tube electricity), my drywall guy.

I don't know how to use tube..

Wholesaling101 You Tube ChannelKent Clothier – You Tube Memphs Invest channel