Hello BP,New guy from Meriden, CT looking to increase my knowledge and contribute anyway I can.

The biggest advantage I see in getting the license has been the increased exposure to real estate and being closer to deals on a daily basis.

I would say get the drawings, it's an additional layer of protection against cost increases on the construction side.  

You are the first to hear, in Las Vegas, that year over year increases hitting 20%, in Q4.Terry

don't forget, you can have negative returns in real estate.Keep an eye on u.s. treasuries, as the benchmark 10 year is expected to continue to go up,and if the market is still intact after 4%, then you can feel pretty confident that this is sustainable. 

It would take ten years of savings to make up for the $1,500 increase in deductible.Pay the extra $144 each year and have some peace of mind.

Alec McGinn on top of usually being able to get better cashflow because it’s a better deal and you can increase rents through rehab you can also add value to the house and increase the equity you have in the property.I’d rather never buy turn key as it’s more risky to me.

But the temptation is to be aggressive with debt because it increases the returns to equity investors.  

You want to value to increase from what you paid for it (plus what you put into it for renos).

If you don’t have confidence on this deal, why shall the lender?