Many investors are not all that smart and end up spending the cash rather than using it for emergencies or paying off the debt when the property is sold.

They also emphasize that buying at the right price and having multiple exit strategies is very important in a soft market since property appreciation alone, which may have worked in recent years, is not a viable exit strategy.They spend a good deal of the book explaining that investors need to invest outside of their own backyards and find emerging markets.

We're still an emerging co. so no website as of yet, but we're working on that.

After so many repetitions of running the numbers on prospective transactions in your area you will be able to quickly discern the good deal when it emerges.

I hope someone can help me. Im gonna get right to the point.. I have a contractor tyhat put a good bit of money into some properties and spreaded himself too thin. Now he is liquidating some of his properties with maj...

This is an exciting time to jump into the market and be in on the ground floor of a re-emerging market.I think the recovery in Detroit is going to take a bit longer- I think it will be languishing for some time-- especially if Michigan's politicians continue on a course where tax increases are the answer to the State's serious economic woes.

The owner called me today and said the other buyer had a family emergency and had to back out.

The problem about an emergency fund is it does not work so well if you can not depend on the funds being there when there is an emergency.It is many times best to keep the cash at a different bank than where you do a lot of loan business.

In emergencies, such as fires, the landlord may enter the apartment without the tenant's consent.

In the case of a multi-tenant building, the tenant will usually make repairs happen within their space, while the property owner takes care of capital improvements, routine common area maintenance, and emergency repairs that may affect multiple tenants.