That's why I like the listsource data in that the people identified on these lists actually purchased property recently and with the 100% equity filter that means they must have paid cash.

In a neighborhood of quads my guess is you'd be lowering your property value by making it less appealing to your target market.

Hey Guys - By now, all of you surely have your Keyword Alerts set up here on the site (if not, check out this tutorial).A few members noted that they didn't want to get alerts for ads that were posted in the Marketplace, so we've added an option to the system that will allow you to stop those alerts from reaching you.SCREENSHOT BELOW:Just check the box next to "Hide Alerts from the Marketplace Forum" below your alerts and you'll no longer get notified when someone posts in the Marketplace with a keyword you're following.We hope that helps some of you out.And again, if you don't have your Keyword Alerts set up yet, they will definitely help you network, engage, and learn, so get them loaded up!

Even better that you are in Indianapolis instead of the NW or NE...My wife and I live in Noblesville and are starting off wholesaling properties in Indianapolis below $100k retail.I'll send you a PM so we can chat a little more in depth about what you are looking for and where.

The place we just did there was a lot of carbon build up in the furnace, filter looked like it had not been replaced in a year, more fire hazards.

Heres the deal...I have a down payment ready for a property anywhere below 400k and am looking to finance the rest through a home equity loan through my partner/ mom who has 100% equity in a home free and clear (located in California) appraised at 800k.

In fact, about a month ago 2 tandem parking spots sold in the Back Bay in Boston, Mass for $560,000 (see article below).

At best this property would break-even.San Fransisco has an (overall) average rent-to-value ratio of about 0.4% -- far below what an investor can get in other markets with stronger economics and lower purchase prices.I think eventually you'd find a piece of property with a positive cash-flow, but the length of time you'd have to spend to sift through enough properties to find that "diamond in the rough" would make the effort questionable.Additionally, the very high land cost under those properties carries a high level of exposure and risk for any investor since the first thing to drop when the housing market turns and cycles down are land values.I hope to meet you one of these days Ben. :-)Continued success!

Read his email below.

If you go the rental route you would be taxed at the passive investment income rate which would be lower.