I don’t know what she could be doing in there aside from actively destroying the place.

Our first one was due to the fact that we were also looking for a new home while jumping into investment property, but he was never pro-active, rarely got back to us the same day, etc.  

Tenants pay electricity, not sure about water and i believe there would be a dumpster unit rental every month (there are other quad plexes on the same street)2 units rent for $450 each2 units rent for $425 eachTotal rent income: $1750No pictures are listed, and will only let you view inside if offer is made.Financials: 25% down: $25,980Financing: 108,420Closing cost: EST. $5000Total investment: $30,480Mortgage payment: $530/month (Conventional 30yr at 4.6%)Annual rental income: $21,000Annual Expenses: Property tax $1200 estimatedInsurance $1,200 (best guess)Prop man.$1680 (8% of rent)Mortgage $6360Calculations:NOI = Income (minus vacancy)- Expenses (Prop tax, insur, and Prop mgt) = 21,000- 4,080 = $16,920Cash Flow = NOI - Debt service (mortgage) = 16,920 - 6,360 = $10,560ROI = Cash flow/ Investment basis = $10,560/ $30,480 = 34.6%Cap rate = NOI/ Purchase price = 16,920 / 129,900 = 13.0%I realize i forgot to add vacancy rate to the duplex. 

we do a lot of infill building.. this only works in HIGHLY desirable areas @Wayne Brooks  as Wayne states not sure were your thinking the value play is here.now there are plenty of folks that buy cheapo lots in FLA like Lehigh acres then sell for a few grand more on contracts those are the land flipping guru's you see that's what they teach.. and there are millions upon millions of lots available for this type of activity generally in FLA  and West Texas  AZ CA and other areas that had massive land speculation booms in the turn of the century.. think Lancaster Palmdale in CA there are million plus platted lots there that get traded around at tax sales every year.to find land with value to builders you need infill in established areas.. close to down towns.. in areas that are regentrifying .. lots that have shadow plats beneath them. or you can split using a lot confirmation technique ( common in Portland)  you need to work areas of Scarcity .. 

Hi,I'm very new to real estate but am very fascinated with active mortgage notes. 

Is it relatively safe to be looking at most houses in those 4 places or is it a street-to-street or block-to-block situation where one street is great for investment and the next one is a war zone?

We are actively looking for an investment property in Montreal.

We all think what we are selling is worth exactly what were asking but...your market / showing activity usually tells you clearly. 

I live down the street from your office.

Hey everyone, Wanted to invite anyone interested in or maybe already active in Indianapolis Rental Real Estate to join our Webinar this week.There is a Facebook group dedicated to active and potential OOS Investors which can be found at:https://www.facebook.com/groups/260862967817696/?