Matt,I agree with Ryan that starting with a smaller deal to gain experience would be a good idea.In my experience, sellers often grossly distort the truth about the NOI, so you will need to verify that.

Originally posted by Matty M:Why not just integrate online dating features while we're at it, Tim.

Matty, my post was implied more to the companies who are in financial trouble.

Matt, I have some good news and some bad news.

Matty, I am currently having to go through this situation on one of my rehabs.

I'm not sure if you read my last post in the thread you were referring to Matty, but the point I was tyring to get across there is that everyone's situation, experience level, and goals are different when it comes to investing in real estate.

I like Matty M's modifications.

Matty,Great to see another freak like me!

Matt,I live not too far from you and from what i see in buffalo as well as nf its a risky investment at best.these homes for 5000 and under are money pits that will cost you from 15000 to 40000 to fix depending how much work you do yourself.you can get lucky at the auctions sometimes but i like too stick to the surrounding areas,ex amherst tonawanda,cheektowaga..better areas where people want to live.also dont trust zillow their not even close most of the time.good luck

Originally posted by Matty M:Maybe in four years someone like Ron Paul will not be considered a nutty conspiracy theorist.