Though it was only a Cat 2 hurricane, in pure size Ike was as big as the state of Texas.

Anyhow - there are lots of signs when you are in a bubble, and one is when you can't find any rental property that makes sense as a pure buy-and-hold investment.

But, if you hold any give property long enough your expenses will even out to 50% of gross rents over the holding period.Yes, you will exceed that when you have to replace the roof or get the joy of paying for some other large expense.

The moment the government told banks to make credit more available is the day banks and other credit providers jumped for joy.

Speculation, pure and simple.

Oh the joy of a wonderful team!

I don't recommend reading this website as a pure learning tool.

Good stuff here.If you want pure cash and no liability, consider a Coop Assignment, where it is hald a Sandwich.You call people and see if renting or rent to own is a possibility.You say this house is not what you want for yourself, but if you could find them a suitable tenant buyer, would they be interested?

Pure bunk.If you could do the following:* create a website for TBers to leave their info* get door hangers and flyers and bandit signs up for TBer to be driven to Web Page* get TBers money together, whether it is a loan from Household Finance, or loan from their parents, what ever* convince the Seller that the sales price is a new appraisal, period, at the time the TBer gets financing approved and funding letter is typed up* learn about credit reports and clearing negative marks (Fair Credit Reporting Act, FTC, etc)* have a goal where 10% down payment is arrived to get good rates* have the seller pay closing costs* you as an agent get 3% now, 3% when it closesThe challenge is helping both the seller and TBer get a win win, not easy.i.e.

It thats correct, its pure luck.