.- I agree with you that the misinformation that HUD provided on the property was not good, but there's no way to know if it was intentional or just a sincere oversight.

You single-handedly are the reason why I am now researching this method of real estate investing.I appreciate the kind words...thank you (very sincerely).Of course, as I mentioned on the podcast, I got my start here on BP, so I have to roll that credit up to Josh and many of the other long-term folks here who gave me the inspiration and knowledge to get started (as well as plenty of newer folks that are teaching me stuff every single day)...this is an amazing place with lots of generous people...

Hello,I am a new investor and would sincerely appreciate any insight.So far my experience is finding buyers (online) for my family's timeshares.I have significant experience marketing online and, due to a well written ad, was able to secure a (well) above average price for their timeshares.In fact, in regards to one deal, a lesser unit (less desirable week and size) sold for $200 while I was able to get over $2,000 just a week later.My point is not to brag but to impress the fact that my strength is in the marketing.Although I do have experience in the book business and know how to find value and secure deals in such a way to ensure profit / up-side, I have no idea where to begin in finding similar RE deals (I realize there is a lot more to it than books ;)So my question is, where can one "fish" to lock investment properties / homes up at a price where there is still significant upside?

I sincerely doubt either event has anything to do with "this" mess referred to.

Sincerely in Christ,Leesa C.Eph.2:8,9

Fun Fact:  if you take a purely hypothetical 'break even' property at 100k with 20% down, where the rents equal the mortgage plus expenses, and assume that rents rise at the same level as inflation then after the first year your break even property will start to turn a small profit since rent went up, and while your expenses went up, they did not go up as fast because your biggest expense (debt service) stays constant. 

Sincerely,Ed Rogan

Sincerely,Travis RasmussenSoCal Real Estate agent Airbnb Investor/Superhost

But since real estate is often financed, "cash on cash return" is (net operating income - debt service) / total cash invested often used to evaluate an investment.  

Plus, you might be able to refinance your current property to a lower interest rate (since rates were generally higher in 2000) and perhaps even put it back at a 30 year mortgage to lower the payment (and increase the cashflow from renting it) OR -- drop it down to a 10 or 15 mortgage without affecting the payment too much and shave the time needed to pay off the property by 5-10 years and save you a bunch of interest in the process.THAT'S how you analyze investment property.