hi all. i was driving around my neighborhood and found two abandoned houses that are in fairly decent shape. i wanted to research them to find out if i can do something with them. the owner of one house died, but he was a loner and i don't think he left a will. the second house looks like it was just abandoned by the owners recently. guess they walked out on mortgage. how would i research who owns the house so that i can contact them?

@Ned Carey You're absolutely right about the importance of DCR -- a point I try to drive home both to investors and to my students whenever I get a chance.

If I am not mistaken REIT's tend to be highly leveraged therefore returns may be good for now but once rates start going up it may drive the returns down.

No problem . . . safe travels!

If you value your efforts and pay for the gas to drive over there, you're under water!

It is one who drives by his/her rental more than once a month under the guise of "I am just keeping an eye on my investment."

What ever you do, make sure it is safe, servicable and common for the area.

Investing in a trust deed to earn 10% interest making sure the loan to value is under 70% is a very safe place to be and a profitable one that is passive and does not require any management duties.I am not saying that nobody should invest in buy and hold if they only get an 8% return, but I am saying that one should excessive your options of vehicles for the best returns while mitigating risk.

Driving The Neighborhoods?

So many capital managers compete with each other on the pools, which also drives the price up of the assets.