All Forum Posts by: Rob Hartz

Hi all,

What are people's thoughts on small town investing. If you do use this method, do you have certain criteria (ie- current pop, expected pop, occupancy, etc)? Thinking I found a solid deal in a small town but the population is only about 3500 with small growth.

Pros:

Less competition

Cheaper

Good cash flow

Cons:

Low appreciation

Hard to find tenants fast

Hi All,

I am a new investor and grinding to get my first deal with my partner. We have a couple properties that might fit our bill. I have done a ton of research to see what certain metrics and stuff things look at, but wanted to hear if anyone has any other important things they look at?

- Do you use the 1%, 70%, etc rules?

- Do you make any moves before talking to _______ (appraiser, contractor, etc)

- Do you like doing cash or loan?

Thanks for your help, RE Addicts!

@Mitch Messer Thanks! I'll grab a snippet next time im on there. It looks like most are just one page, just saying who the lender is and how much is owed :(. I found 1 that showed the address. I'll keep playing with it.

Thanks again!

So i know it is public to get foreclosure notices on your county website. However, when i am reading the notices, they don't mention the address associated with it. Is there a way to figure that out? How are people contacting these people without basic info like that?

thanks, @Jonathan Greene! Very helpful info

@Marc Maitre Thanks, Marc!

@Jerryll Noorden you might be the most ridiculous repliers i've ever encountered. No need to reply anymore as I find nothing you are saying as helpful. Plenty of others to learn from

@Ehsan Rishat

Thank you sir I'll dig into this. Looks very helpful

@Marc Maitre

Thanks, Marc for this!

I did find his response a bit odd...

Thanks for your insight on my question!

Hi Guys,

New investor coming around the bend!

Thinking of different options of acquiring potential buys, and I think driving for dollars can, if utilized correctly, be an excellent method. Has anyone had success with it? What is your strategy in doing so?

Thanks,

Rob

@Jim Pellerin thanks for this information. i will find it helpful moving forward.