However you will need to be an expert in most trades to rehab the clunker houses.

I targeted areas that were around economic engines, within neighborhoods or areas that were beginning to turn (about 25% of the houses were renovated/rehabbed and the surrounding area is undergoing development).

In West Texas, oil is the economic driving factor.

Recession Risks Increase if Consumers Lose Confidence: Not only will financial market losses impact household wealth, they have the potential to undermine real economic growth.

(NOTE: I am not a CPA and far from a tax expert, so always check with your CPA on if this makes sense for you and your personal strategy.

from my understanding (and I'm not an expert) financing a foreclosure is a bit tricky because they look for a short closing on properties getting sold at auctions, so banks might not be ideal in this case. have you considered getting a loan from a hard money lender?

Asking cause it seems there are experts here in MHP.

We are two weeks from closing on our first investment / rental property in Denver. The interest rate of 4.3 at 15 years was locked in a few days before fed dropped interest rates 50 points. Looks like they are going t...

get out unless you're an expert short seller.

@Dave Foster is the expert in this world and could be a good resource you / your brother.