All Forum Posts by: Roberto Chan

 Yes, I do realize that.  I just want to move slowly at the beginning and make sure I don't lose the property.  Appreciation in the area is good.   That was hypothetical.  I probably will cash out on one of the houses I got and get another.  But I would not be making cash right now.  I will be able to cash out on appreciation.   I will rent it for a couple of years and sell it.  

Wow, I feel bad for the investor.  Man, I am a newbie and been learning lots.  I guess I will stick local for now.  I am just starting.  I got a house rented but that used to be my own home but I moved to another house and kept that.   It feels good to have a rental because it is income without you working.  I was thinking to get another outside my area since things over here are expensive.  But there are too many unknowns or I guess more homework than I am willing to do.  

Thanks for the head up.

That is definitely a case in the area I am looking at.  There is no more land to construct and migration from other part of the country and International is making our real state go up.  I been checking the prices and it feels like a 4% increase instead of those show in the stats.  

Thanks for the reply.  

I am in a pretty hot market like in South Florida.  Rent is pretty hot but to get a 2% on a house or property is a pretty hard find.  but What if I wanted to get lets say a house worth 300K and rent it for about 2,400.  and if I get to just finance 150K.

Is it worth it ?   I wont be upside down since I get to put so much down and I can effort the monthly with my job.  

Any advice will be appreciated.

Thank you. 

I am a computer geek.  If you just want a presence on the net, so people can see you.  That sounds ok.  But if you want  clients to start hmm registering, applying for something or doing business with the website that would not do and probably will be some extra services at a cost from them.  

but you can not really beat 115 for the whole year.  They will probably whip a ready made template for you and change pics and text for you.

I hope this helps.  

 Wayne thanks for the response.

I know we can not mention services etc here but do you trust those site that will do the title search on the internet and find out if there are liens on them ?

Also when you say second lien that would also be auction on the county ?

Thanks again

So I am looking at a few properties that I will like to bid on but I have more questions than answers.  

one of my main concerns is the liens and other liabilities that you could get into when purchasing those properties.

Does anyone have a check list of things to go thought.

Thank you guys