Hi all, this will be my 4th deal in 1 year and it is the first time I have posted. This will be my first manufactured home and I want to ensure I am not paying too much. My strategy is buy and hold. This will b...

I am now 29 have met hundreds of contractors on the north-shore and have people lined up to come in to give me estimates this weekend and early next week.Here is the deal.Property located on the north-shoreMarket Value- $255,00Purchase Price- $190,000Loan Requested - 229,000Renovation - 20,000ARV-319,00(spoke with realtors about comps and value they said anywhere from 319-329 and the house is FHA approved and 2 homes in the same neighborhood sold above sale price at 347k)Currently Rented- 1900 + tenant pays everything!

I think war zones are more areas deep into Southwest Philly, some parts of North, or Camden.

South or North rim?

Robert I don't see retail properties as being viable buy and hold investments in western Washington.

The south and west grew 14.3 and 13.9% respectively in the last 10 years. compared to Midwest (3.9%) and Northeast 3.2% The largest inflow states in the last 10 years are: Rank Inflow net population #1 Texas - 4,293,741 #2 California - 3,382,308 #3 Florida - 2,818,932 #4 Georgia 1,501,200 #5 North Carolina 1,486,170 #6 Arizona 1,261,385 If someone asked my opinion as to which three states I should I get my broker license in order to start a brokerage and invest in my back yard: I would say Texas #1, Georgia #2, Florida #3.

Im psyched to finally have closed the loop on my first property from purchase, renovation, tenant in place, appraisal, and now finally pulling cash out to finance future deals.I "won" the hubzu auction on 3/15 for $134k. 1750 SF 2 bed 1.5 bath on 3/4 acre in north Nevada City CA.

John I'm in the North Suburbs.

I have always been fascinated by real-estate but stumbled into the life of a land lord when my condo plummeted in value and was not an option to sell when I needed to move further north.

But if you are buying up north, you'd better be ready to spend some major dough :)