Purchase price: $241,000 Cash invested: $60,000 Restored 1940s bungalow just off of King St in St Augustine.

I agree, when gvt caps your rents that squashes the reward we get from restoring the innate value in low income areas.

1) fill up truck and trailer with trash if there is any and take it to the landfill 2) replace exterior doors if any are broken and/or change locks 3) fix the roof if it's leaking and fix damage caused by water to structural elements 4) check out the electrical and plumbing and fix as needed 5) fix drywall 6) paint 7) refinish or paint existing hardwood floors or put down HDF laminate 8) put in cabinets, toilets, sinks, appliances, etc if what is there is not easily restorable 9) replace windows that are boarded up or broken through both panes 10) check the HVAC system if one exists and fix or replace as necessary 11) add/replace interior doors, toilet paper holder, outlet covers, etc 12) clean, stage, advertise

Consider purchasing investment properties and restoring them into habitable, profitable structures that will breathe new life and hope into this deserving region.

For 27.5 years, please.Is it Betterment, Adaptation or Restoration? 

@Ryan Wright, the good news is that unlike with self-directed IRA with the Solo 401k plan you are allowed to correct a prohibited transaction, which means that you have to undo the transaction to the extent possible and in any case to make good to the plan or affected account any loss resulting in the transaction, by restoring to the plan or affected account any profits made through the use of the plan assets.

As a result, Plaintiff and those similarly situated are entitled to restitution pursuant to Cal Bus & Prof Code §17535 as necessary “to restore to any person in interest any money or property, real or personal, which may have been acquired by means of any practice in this chapter declared to be unlawful.”108.

I restore historic homes so I keep solid wood doors in my inventory.

The 2008 holiday was a disaster for retail ers, as a financial crisis swept across the globe in September and consumers cut spending on nearly everything but bare necessities.Now on to our real estate educational section...Mortgage Modification Bill May Impact ForeclosuresThe newly proposed “Preserving Homes and Communities Act of 2009†introduced by Senators Jack Reed (D-Rhode Island), Dick Durbin (D-Il), Sheldon Whitehouse (D-RI) and Jeff Merkley (D-OR) limits foreclosures and requires lenders and services to offer mortgage modifications if the net present value of the modification is anticipated to be greater than the foreclosure value.Additional provisions of the newly proposed bill include:• Limits on foreclosure fees• Creation of a nationwide database to track foreclosures• Strict penalties for non-compliant firms• State sponsored mediation programs• Grant money for borrowers struggling to make payments regardless of current mortgage product.• Capitalize the National Housing Trust Fund with $1 billion in proceeds toward preservation and restoration of affordable housing.While advocates of the bill cite the growing increase in foreclosure rates across the nation as evidence of the need for further intervention, critics of the bill believe it will increase the burden on banks and lenders while simultaneously reducing fees associated with delinquent accounts.According to Moodys.com, mortgage defaults are expected to rise to as many as four million with more than a third of new defaults associated with prime fixed rate loans rather than the original sub-prime concerns.

Just "upgraded" to a 2002 Lexus ES300, purchased $6500 cash.Eventually I will make my "frivolous" purchase of a restored 72 Chevelle.....but many a property to be attained first!