I joined this forum about a week ago but I don't think I've introduced myself.I'm "long in tooth" but still have a lot of desire to build a signficant real estate investment portfolio.

Until you know the real value, you're flying blind.You need to verify the rents, too. The

I will do a search too. The

You'll find that most lenders that brokers originate to sell that loan product off to another lender who they could have just went straight too. The

- I just considered an offer on a townhome without HOA and I agree that it made me quite nervous too. The

Sean Breslin, EVP at Avalon Bay (one of the large apartment REITS) who was also on the call said that one dynamic that they really look at when selecting markets is job growth vs. new supply and sure enough M&M Research had a slide on that too: The rule of thumb that you hear from the institutional guys is that on average it takes about 5 new jobs to fill a new unit.

Love Geleen too, the better part of the Netherlands :-)I use initial qualitative checklists and quantitative calculations (cap rate).

Hi Carlos, I would recommend having a great attorney who specializes in RE look over the contract with a fine tooth comb especially if the seller is an experienced investor.

There are other options, too. The

It's kind of a fun and unique way to make a living, and I'm particularly looking forward to getting these two other properties since I'm a home inspector and will enjoy going through ten properties with a fine-toothed comb.