I know the tax scene well there.Some of my clients own centers from 3 million in price to 25 million.If the owner has owned the property for a very long time then generally yes the tax basis will be very low.

@BryanCork "we aren’t even in the same conversation when it comes to the music scene."

There are a few other locals that hit the scene regularly and pick up occasional deals but being very honest- foreclosures are hard in this area for the mom/pop flipper.

So I moved from San Antonio TX to Houston with my family (wife and two little boys) we love it, there are many opportunities in and around the Houston area, many family friendly places and awesome food scene.

The event called Devour Indy will showcase some of its best in dining experiences.Key Takeaways: Indy's food scene is certainly making headlines, but we think you should try it firsthand.

I am looking to buy my second property to develop in Brooklyn, N.Y. and wanted to see what were some of the best resources and most efficient ways to get into foreclosure buying and auctions.Thank you. 

The one time that occured, was when the flooring was getting moldy, so he got new flooring installed, after about 4 weeks of us nagging, which ended up taking another 2 weeks. we have never have seen him in 2 years. completely hands off. home insurance handles EVERYTHING. his office assistant handles repair inspections/contractors, and then passes the fees onto us, generally speaking, since he doesn't see these expenses as maintenance, and to be fair, some of them aren't (HVAC filter based problems, garbage disposal issues)why we haven't abandoned ship: Now, believe it or not, the two of us want to continue living here. the house, apart from that one back room area, has its perks, and has even become a part of the growing dallas music scene.

Welcome to the island scene, Les.

While I have yet to do any deals, I am learning as much as I can to change that.I'd love to hear how you are navigating the Los Angeles investing scene, let me know if you're ever interested in connecting!

I just cringe when I see these younger investors so happy with 5 year call commercial notes.. they simply don't know what they don't know.and we have to remember the banks are not the master of their own domain.. in crunch time the feds can come in and tell them to cut their exposure to real estate.. banks must comply.. folks that don't really know how the system works blame the banks but its the fed regulators pulling the strings behind the scenes.