So, I'm trying to figure out how I can take a self-study crash course on mortgages and finance principles before the instructor assumes everyone in the class already knows the basics :oops: .

Hello All;I have always wanted some kind of a business in the real estate community and when the opportunity arrived I grabbed it.

During the early '80s the average house in Houston LOST 50% OF ITS VALUE.One we went to was occupied by a (recently arrived) Vietnamese family.

When I first moved to Texas back in the 80's the reason I moved here was because It was suffering from a horrific real estate crash.

Approximate Tax value $84,000. ... i jumped on yahoo maps and took my self there.. wondering why it was so cheap, i found out quick... when i arrived at the house, i realized i was in the ghetto; crackhead/hooker neighborhood... my car was then attacked by 3 hookers, it was kinda funny..and nasty. anyways i left. end of story, lol.

So I have decided to put my explanations down in print for anyone who is interested (it also beats having to explain it over and over again...haha).First of all, let me make a couple of things VERY clear: 1) This will be a "crash course" in how to read and analyze comparable sales data (comps.) and will only cover a very basic knowledge of the concept.

This is my first post but I would be glad to welcome new people as they arrive (time permitting).I have spent some time lurking as they say and I want to compliment the powers that be on a great websiteDavid

If the job market here stays strong over the next two to three years Austin/suburbs should finally see some decent appreciation.Some of the neighborhoods I "fish" in have seen quite a few sales to Californians so while 1/3 may be strong there is definitely some evidence that the speculators have arrived.

Once the tenant arrives, they sign the lease, pay the remaining financial requirements and move-in.Try and think from the property owners perspective and make your offers based on this.

i will be there by feb. 2007 so i am looking for local interest before i arrive