The custom shops here are way out of budget.

Any dollar figure is too misleading and no average will really help because each case is so different based on size, condition, neighborhood, etc.

One lowball transaction will not affect the neighborhood much, appraisers are pretty used to seeing them pop up and can adjust for them.

A lot will depend on the location and thus your market. 7 bedrooms in an upscale neighborhood, particularly if it has at least 3-4 bedrooms is money in the bank, sold or rented.

. $2,200,000-acquisition priceretail neighborhood center-Property type $187,854-NOI$1,430,000-Loan amount5.5%-Loan interest rate8.54%-CAP rateWith a taxable income, post loan payment, per taxation of $81,683 and a down payment of $770,000 provides your buyer a cash on cash return of 9.42%$770,000/$81,683=9.42%Through leverage you can see that the buyer can realize a higher rate of return.

Meeting at a coffee shop, bar or restaurant and getting to know the others helps all in the group.

I now feel confident in pricing, which neighborhoods will sell, land available, what types of projects we want to develop, etc.

I decided long ago that I want single family homes in B & C class neighborhoods that are sustaining or growing in population.I come across a lot of investors at my meetings that are encouraging me to invest in Cleveland multifamily homes because the cash flow is so amazing.As mentioned in previous posts - I have a business that provides me with 6 figures + right and growing - so cash flow is not a problem.

Small brokers, one man shops, play the appointment game.

Very very very very few agents are going to be able to bring you pocket listings, and those that can will likely give them to the buyers they've worked with in the past before they give it to someone new, so that will make it even tougher.So, don't shop for pocket listings...if they come along great, but that shouldn't be a goal, in my opinion.That said, working with only one agent -- especially when that agent is just sending you auto updates -- isn't smart.