All Forum Posts by: Thomas Manuel

ATTENTION INVESTIORS! if you know anyone in the Paris, IL. area looking for a buy and hold rental, I have one that's been completely rehabbed on the inside, just could use a new roof. Will rent for $500-$550 a monthly, make me a reasonable offer.

http://www.zillow.com/homes/214-high-st.-paris,-il_rb/

@Vivianne S., @Scott K. thank you both, I appreciate all the feed back. By any chance are you guy formiluar with Danville, MI if so what do you think about that area for buy and hold?

@Richard Dunlop thank you I appprecite your comment.

@Geof Greeneisen thank you very much, I appreciate it.

@Matt Castle thanks that sounds like good news to me.

I am an out of state investor, wondering if any of these area's near Detroit (Highland Park, Hamtramck, Dearborn, Hazel Park, Ferndale, or Warren) would be good buy and hold area's right now?

@Taylor Haywood, It's not  really if you ask me, It just depends on who will be doing your work and if the numbers make sense. I mostly do Collin County and I have done some in Dallas, but never Desoto because I don't know the area. I might be willing to partner with you if you like, just let me know the details. 

Hello Crystal I live in the Dallas/Fort Worth area, and I have did a deal with New Western Acquisitions. It was a very unpleasant experience, the guy I worked with on my deal, told me all kind of lies. He showed me a rehab bid for $23,000 and said the crew he use on his own flips would do it for that price. After I purchased it, I contacted his crew and showed them the bid I was given, they laughed and said we told him it would cost $46,000 to rehab this house. They even said that they had purchased a property from this guy with NWA before, and they lost $30,000 on there deal. I lost $15,000 on my deal and was just happy it sold, by the way it sold for $20,000 less than the ARV they told me it would sale for. I also wanted to use my own lender, but they pushed me real hard to use there, which I did not like.

Travis it's $39.00 for a one day class "Filthy riches".

Hello BP family, has anyone ever attended any of Larry Goins "Filthy Riches" real estate training/classes? He is coming to my local REI Club and I am trying to see if it's worth the price of admission. I'm sure he will be selling something also, so please BP family let me hear from you.