When you arrive at your future, will you blame your past?"

Hello All;I have always wanted some kind of a business in the real estate community and when the opportunity arrived I grabbed it.

During the early '80s the average house in Houston LOST 50% OF ITS VALUE.One we went to was occupied by a (recently arrived) Vietnamese family.

Approximate Tax value $84,000. ... i jumped on yahoo maps and took my self there.. wondering why it was so cheap, i found out quick... when i arrived at the house, i realized i was in the ghetto; crackhead/hooker neighborhood... my car was then attacked by 3 hookers, it was kinda funny..and nasty. anyways i left. end of story, lol.

This is my first post but I would be glad to welcome new people as they arrive (time permitting).I have spent some time lurking as they say and I want to compliment the powers that be on a great websiteDavid

If the job market here stays strong over the next two to three years Austin/suburbs should finally see some decent appreciation.Some of the neighborhoods I "fish" in have seen quite a few sales to Californians so while 1/3 may be strong there is definitely some evidence that the speculators have arrived.

Once the tenant arrives, they sign the lease, pay the remaining financial requirements and move-in.Try and think from the property owners perspective and make your offers based on this.

i will be there by feb. 2007 so i am looking for local interest before i arrive

To arrive at a $1920/month P&I @ 5%/15 year, requires a beginning balance of $243K.

Next to that I put the date their lease expires, now the date their loan is due.When checks arrive I put a check mark in the appropriate column, if it's late I write in the date received.