I am not here to change your mind and I am not here to spam.

I'm really interested in foreclosure/ pre-foreclosure purchases and have been studying on how to read court documents, title searches, and I have been watching the auctions daily.

DetailsPurchase price: 1.1MReturn (IRR):11.86% per yearCapitalization Rate:5.45%Total Profit when Sold: $1.16MHolding period: 20 years5% down (so that I can take maximum leverage)mortgage rate: 6.7% 30-year fixedVacancy: 5%Management Fee: 8% --> I used this only for calculation but as I will be staying there, I plan to self-manage it.Cash flow: negative $1500 --> My primary job pays decently and I can manage this and have 12 months of reserves.

Hello,I recently purchased an affordable property in Louisville, KY and I will be managing the property using Appfolio, which has an "Affordable" module.

And I think just like 2008, we are not going to see it coming.

Hello everyone,My husband (veteran) and I bought a house last year with a VA loan (0% down), and we lived in it for more than a year.

Their lease runs out the end of this month and I told them about 3 weeks ago I was not going to renew it.

Arbitrage is not a good business model and is generally discouraged.

I can't speak for this deal in particular, but you'll always pay more for turnkeys-- trade-off for not having to do any work.The only thing I see in the deal is Norada didn't include estimates for vacancy and repairs, and I would never analyze a deal without including those.

I own a piece of land that is worth $245,000 and is in a VERY desirable part of the city.