If you are willing to sit in traffic for hours and deal with smog, you are not going to care about this.

I haven’t spoken with the agent yet, but there are claims on the listing that the property sits at a 0% vacancy rate.

I think, currently anyway, that investors are shifting/protecting their wealth by buying in better-insulated cities like Raleigh/Durham, Charlotte, Greensboro, Austin, Dallas, Columbus, Indy, and anywhere else where there is job growth, population growth, property values are undervalued/affordable and they can find either cash flow or appreciation.So, to answer your question, I think the strategy is to continue to buy in these markets when the numbers make sense and not sit on the sidelines waiting.

I have seen this range from as low as $100 up to $300.Do I need to pay anything before sitting at the closing table?

I have seen this range from as low as $100 up to $300.Do I need to pay anything before sitting at the closing table?

We are currently sitting over $20,000.00 in back rent and with the eviction order felt it was best to continue to try to pursue RRP.

If I recall correctly the last LTV numbers were from 60%-70% for those rates which allowed me the ~$200k.

My reason for buying new multiplex is I want to spend less time on maintenance and let my investment sit for 5-7 years.

It is all a matter of your goals (i.e. equity accumulation or supporting a lifestyle with cash) and your ability to redeploy capital effectively (i.e. is your cash just sitting or are you buying more properties)

I am under contract for a 2,776 sq ft 1930s duplex in the midtown/Montrose area of Houston, TX at ~545K that sits on a 5,000 sq ft lot.