It amazes me how many home are in forclosure in this area, the auto industry has been hit hard and unfortunatly all our eggs have been in one basket, but I BELIEVE it is going to turn around and when it does I want to be established with at least a few choice properties in my back pocket so I can partake in the upswing.

If a client can go higher in price then definitely in the 2.5 to 3 million range the type of tenant and quality can go up substantially.What we have been doing lately with some of my buyers is going after auto stores such as Auto Zone, Advance Auto etc.

97% paid. waiting on one more that sends auto bank draft. so far so good. b- to a- areas

We are running their credit to see if they owe other landlords or utility companies money; auto, consumer, and medical debt is OK.  

I've found two so have and they've been sending me auto notices from their MLS (multiple listing service).

(Smile though, you are getting paid as of the day the lease is signed, it's just not in your bank account yet)- 7-30 days, once the HAP contact is received and you're setup on the monthly auto-pay.

Auto pay ACH thru my mgt co.

Hey guys I’m an agent and investor in Minneapolis and wanted to help out other investors with access to the MLS.If you ever need me to look anything up on the MLS or want an auto search set up for the area just reach out and I’ll get it together for you!

I have talked to one mortgage broker, through my local credit union, so far.Issue I ran into was debt to income ratio.Primary residence is financed, in addition to student loans and auto – with the new property debt ratio would be close to 75%.Adding in spouses salary would mitigate, but I believe this would remove the option for the FHA loan.

It's seems like it's a ghost town and I was expecting a bit more of a helpful community, not something on auto pilot.