:rock:

I was wondering if anyone is buying silver or gold and if anyone thinks real estate being down is good thing ( a chance to accumulate income producing properties) It's getting harder to determine where to put assets for growth and safekeeping as it seems things change so fast now days - it's tough trying to figure out which investments will stay relevant.

Paying down a mortgage that is around 5%ish is a horrible use of money that won't produce additional cash flow in the future with a fixed-rate note.

However, if that $220k is an absolute rock-bottom, I don't see you going wrong unless you're way off on the $15k renovation total.

So, doing more research I figured out who was a high producing reo agent and I gave him a call.

I figured my name is enough to get anyones attention from Little Rock or Houston Tx.They are trying their best to catch a fish in case you have ever wondered.Don

The "police" in Round Rock go to all sorts of extremes to nab those criminal bandit sign posters ;-) Sting operations are not uncommon from what I have heard.

Nice Phil...we should do that webinar we kicked around so I can find you some clients to produce nice financials like that for.

LOLYou have to get them on the TOTAL cost of the total work they are doing.It sounds like the guy was quoting okay on the roof and then making much more profit on the gutters.When you split on him he raised the roof to keep his profit up.My buildings are just standard pitch with 4,800 sq ft 4 plexes.I got the roofs re-shingled for 1,500 a roof and the trash hauled away.You can find contractors that want extra work on the side that will do it for cheap.You have to catch them at the right time.It depends on what you are installing for.A long term hold for yourself,a short term hold where the building needs to be torn down for development in 5 years,a higher end flip.All will dictate what kind of finish you want and cost involved.Roofers typically love the retail jobs with fat profits but in between want the volume from investors.I tell many contractors NO all the time even after I tell them I am an investor and want rock bottom pricing.They tell me they will do it for me but not to tell the other investors what they charge me.This way they get volume from me and referrals and the other investors still get a really good deal but not the pricing I get.

Of course we all know how volatile the stock market is and should realize by now that would "should" happen isn't always what "does" happen.Some would say go with precious metals but I have no clue how you really value a pretty rock.