It involves a great deal of know-how and work, not just signing some documents and then listing/re-listing the property.I hope there isn't a wave of wanna-be investor's cleaning out their life savings to go prospecting in an area of town they know nothing about.

That was absolute insanity.Read the first 100 or so pages of Kevin Phillips' new book, "American Theocracy" wherein he traces the rise AND FALL of other nations over the past several hundred years, based solely on their DOMINANCE of (and then, unfortunately their inability to adapt from) the "best available" ENERGY SOURCE OF THE TIME.The Netherlands in the 16th-18th century controlled WATER and WIND power to such an extant that they could automate shipbuilding to such an extent that they ruled the (commercial) waves, and were able to free their workforce from many labor intensive tasks.

., we kept seeing her son in his room and waving to him.

It's the wave of the future.

HOWDY YALLGarGus it sounds like the Austin area is making a good comeback or at least the start of one.I remember when I took my ABR over there everyone was dealing with contract wars and then the high tech crash came.BCS is still riding the wave and building is going on everywhere.Especially in the commercial arena.Land has gone up steadily which has escalated prices but this area is still undervalued compared to most of the places folks are coming from.It is common to see people buying with a good chunk left over from their out of state sales proceeds.Investors in rental properties are not as happy as they once were as the escalated prices are making it hard to get a good return without putting more in.The junker market has alot of inventory for those that rehab.Some Ive seen as low as 22000.The lots are usually good size.(10000 sq ft and bigger).Locations most of the time are iffy.High end rehabs are coming into the picture more now.Wealthy College kids live in and trash expensive homes that their folks buy and then wind up selling them cheap to cut their losses.Ilove this country.Well im off to NYC for 2 weeks of R&R with the family.Hope yall write a bunch of clean deals while I'm gone.Adios.Jennysh thanks for the website on your condo hotel its a beauty!

It seems like the website works in waves and craigslist works throughout the year.

For those of you in California, I'm sure I don't need to remind you about the awful heat wave we had just recently.

Learn the area and you'll see the trends on where people are wanting to buy and which way the "wave" is going.

The best way is to get in front of the wave by advertising that you buy houses in some of the rag papers or bandit signs.

Ride the wave, and you'll be alright.