A thorough rehab plan to update the ancient systems should be considered.

Hi, all:Sorry for resuscitating an ancient thread.

Also just bumped into this ancient thread on the subject as I searched for this book-- other offerings from our colleagues, 9 years ago.  

I turn on the Greek news regularly and see places that I know well going up in flames, desperate rioters throwing Molotov cocktails at the police, EU and Greek officials routinely making surreal pronouncements and projections about the economy for one politically-expedient reason or another that has no basis in fact.Bad things happen.

I find it increasingly amazing that so many do not understand the way things worked just a year ago is ancient history.If you are buying REO and have the ability to perform, meaning ready access to the funds, you are in the drivers' seat.

Get a straw buyer, act as 203K consultant (in PA you only need three registered years), hire straw contractor, do work yourself and pay off your crew, rinse and repeat, more money comes in, add a second crew, sit in the middle of a web of people, all of them kicking back to the Greek...

The WLB lease (unless you use an ancient version) states that if nothing is done it defaults to a month to month.You can send them a Notice of rent increase (which you can get from WLB as well) sign an new lease, or do nothing and go mtm.I find that a 60 day notice from the tenant is not very helpful, most owners don't start showings until after the unit is vacant, so what's the point?

Stay away from knob-and-tube wiring, galvanized water supply pipes, ancient gravity-fed hydronics converted coal-burning boiler arrangements, foundation issues.Why a duplex and not a more profitable triplex or quadplex?

Hello everyone, my name is Roxanne (or Roxani in Greek)I am Romanian living between Greece and NY.

For a piddling sum, I know a Greek Orthodox priest will come to your house in a robe and bless it with holy water and prayers, get that on video.