What's cooler is being older chatting at a cocktail party about all the dam rentals you still own....Frank

Hello all, I have been investing in the Beaver Falls area now for a little over 2 years and I have acquired 12 units consisting of 7 properties and will be closing on an additional 3 units (duplex and SF) at the end of January.  

Once CA started to dam up all the rivers coming out of The Sierras and hwy 80 was made into a freeway to Tahoe.. those resort dollars started to filter to a bunch of different areas and markets..

He states the lenders don't give a dam.

You have Beaver Lake in Rogers, a short drive to the west will put you on one of my favorites Grand Lake, Fort Gibson, or Lake Tenkiller, at the Arkansas/Missouri state line you have Table Rock Lake, Bull Shoals, and Norfork, and a couple hours south you have Dardanelle. 

Hey @Denise Crudup - JW is right you just need to put in for a zoning certificate here in Chicago.Here is a link to the PDF: https://www.chicago.gov/content/dam/city/depts/zlup/general/...Maybe also worth taking a look at the Chicago zoning map just to double check your current zoning:  https://gisapps.chicago.gov/ZoningMapWeb/?

Simple they might not be healthy enough to take any hit currently.ORThey already have a bunch of product out there.Putting too much out at once could flood the market making their 80,000 REO drop to 50,000.So the banks like to release properties like a water spicket in small little bursts so the dam doesn't break.On the pre-foreclosure residential side there is 2 million loansin some stage of default that will have to be worked out.Whether that's ultimately a permanent loan mod,a DIL,a short sale,or a foreclosure remains to be seen.So there are millions of properties out there.I think where people get confused is what is happening on your local level??

My friend has a place in Beaver Creek that is ski in/out and the management company takes 38%. 

My wife is from Beaver PA, not sure how close that is to ya!

If you know you are in a budget range around $300K or less you will be very limited as to where you can buy multi dam and even SFH.