There are some investors who thrive in tougher to war zone type areas for extra yield but they work very hard for it and have a ton of risk so I find it is not for a majority of investors.

Disadvantage, it will be my first home that I OWN..The meat - 3 family - 2462 SF - Purchase price $300,000 (in discussion w/owner)Unit 1- 3bdrm plus art gallery - $1400/MoUnit 2 - 2bd - $1100/MoUnit 3 - 1bd - $900/MoTotal (conservative rents) = $3400/MoProperty is recently vacant, in decent shape (out-dated) nothing major needed ASAP, I would look to do minor cosmetic upgrades to be a "higher standard" rental unit at competitive market rate.2nd Property - Single Family 3,000 SF 5 bdrms - 2 kitchens (possible multi conversion) - Purchase Price $280,000 (in discussion w/owner)Quiet Dead end street in nice neighborhood, large backyard w/greenhouse-ARV - $425-$450,000Assessed $440,000..Initial walk through property needs new roof, and may have mold issue.

Buy a bad property and see how excited he is to pony up the other half in the future... and buy a good property and see how excited you are to give up half.little green houses

I was consequently laid off, but have fortunately built up enough rental properties to provide adequate income to live on (live on), not yet thrive.

Although there are hundreds of these loan mod businesses that have been shut down in recent years, there are so many of these companies still around and they are busy and thriving.

I am a big fan of Robert Kiyosaki. In his books he talks about trading assets for bigger assets. Trade those duplexes for apartment buildings and buy businesses.

It has taken me awhile to feel comfortable buying si...

Even in a large city you have certain areas that thrive while others go down.

My garage was enclosed with siding and I’m looking to change back to garage..And yes there is a nice offset carport that I would like to turn into a green house later

Rather than post doom, at least post what you CAN do to survive and even thrive.

OK, my question is, would it be smart, since I'm looking several business, starting out with one LLC to act as General partner to all the different businesses as LP's LLC as general partner and me as a limited partner in construction LP real estate investment LP coin dealer and financing LP That is to start, if any one business takes off I will create a LLC just for that one business so the other LP can't touch the asset of the thriving Business. any thoughts would be appreciated.