I've heard lots of comments on how well Texas is doing but have to wonder if doing some long distance spec investing in those areas is a recipe for disaster.Are those of you who are doing it just simply learning the area, assembling a team, and letting the money roll?

I authorized her to call a plumber to check it out, and the plumber just came by today; it turns out that the entire tub drain assembly needed to be replaced.

We've started to assemble a Real Estate Investing Guide FAQ to help answer both the basic and most complex questions asked by real estate investors.Please check back with this guide, as we will be adding to it until completed!

I'll get it prominently linked . . . .If anyone out there wants to help assemble it, please let me know!

I can believe it...Dubai has monopolized all steel manufacturing and crane assembly for 3000 miles around.

Check out the listing of meetings that Josh has assembled here on this site at: http://www.biggerpockets.com/real-estate-investment-clubs.htmlSee ya Thursday maybe?

Glenn I forgot to mention that being built in 1955 you most likely will have issues with lead abatement with the new EPA certified rules which will increase your rehab cost.I don't know why everyone gets worked up on a house being close to a commercial property or highway.The value of the land the house sits on is often worth way more for development than the value of the house that sits on it.You can still have someone pay you to haul off the house or gut it for parts and make some money that way.I love land next to commercial and know exactly who to market it to an dhow to sell it.Now if you are in a big subdivision with track homes on small lots that backs up to a junkie commercial business that is another story.The reality is you are probably not going to assemble all the homes for a commercial project because the front piece is the most valuable and everyone will want to much for their house making the project total cost unfeasable.

In either case, one challenge with a bullion sale is the 28% 'taxable event'.

If it is hilly it will cost more to level the land.I have worked on commercial development projects such as yours before.I worked for a commercial developer assembling parcels on a very large project.The corner is the steak for the developer.That is where they get the premium money.How old is the strip center??

Leon, Even more recent than Assembly Bill 284 is the freeze on foreclosures in Las Vegas.