Would love to hear any feed back!!

Find a Realtor that specializes in the area you are most interested in or that you can afford and have them feed you all the facts you'll need to make an educated decision on whether it's worth buying local or not.

Your goal is to stop being the bad risk, with lousy credit, with no money or assets with less knowledge that the predators feed off of.

Richard it was an owner finance with a WRAP.Got in for 1,500 1/2 month escrow for taxes and insurance and 2,500 for title.I did a video recording with Josh about it and some other commercial topics.It will be in one of the BP newsletters soon.I apologize in advance for the video quality.The voice quality is great but something about Skype compressing my signal was messing up the feed some.6% CAP is non-existent here.Mainly only REITS and INSURANCE companies are paying for those low returns.California is more appreciation driven.If you will be exchanging to hold longer term in the new property cash returns might be more important to you.

I'm also not advocating for dismissing a GC because they drive an old truck (I'm sure there are good GC's out there that do), but if they start feeding you the line about keeping overhead low and warning you about the "big guys driving fancy trucks with fancy offices", they obviously are trying to make up for their inability to sell you on the value they provide by trashing their more successful competition.

We all make money to build our business and feed our family.Honest, Strait forward type of guy.

Thanks Larry I am doing some due diligence of some c properties and I appreciate the feed back  

Thanks for all the feed back.  

Which means the heating is most likely one single furnace (oil, electric) in the basement that feeds all the apartments and unfortunately because you can not determine what apartment uses more heat than the owner is stuck with the bill monthly which can throw all your numbers for a loop.

Please excuse the 2 week delay, but thank you very much for the feed back.