But, I certainly don't want anyone in the house that isn't paying.The alternative would be to post something on the door that says the seller has agreed to sell the house and they need to identify themselves.

I had identified 42 before I arrived.

Most people have been mistreated in some way so there is a negative stigma automatically once you identify yourself as being a realtor.

Hello,I am from Bay Area and a complete newbie to real estate investing....had saved money for downpayment of our primary home but ended up purchasing 5 fourplexes in the last 4 months since the cash flow calculations showed net cash flow of 25% or more (after expenses and mortgage)....our goal is to be financially free in five years...i.e replace both our incomes from cash flow...besides buying rental properties....what other investment strategies should i look into within the real estate arena..... we may be able to make downpayments for 2 more rental properties....before depleting all our savings and ira investments....but as we replenish our savings and make additional purchases, i want to understand what else should be look into...currently all our properties are in east bay and i am seriously looking into diversifying to stockton or sacramento and eventually arizona once i identify property managers thr

Jaham, if you want to invest in depressed/declining cities you must be able identify which areas, if any, are growing or stabilizing apart from the vacant 'ghost' parts.

The cap rate reflects the risk assumed, as pointed out above, and the return on our investment as well as the return of our invetment.If you go to an attorney who has been in the business for 2 years, the value of his services will probably be less than the one with 40 years experience, not so much as he knows more of what is contained in the statutes, but that his experience in applying the law to benefit his client.The skills you acquire in real estate are similar, if you are new and you flip a property that was not touched and you try to get 35% profit, and get it, you may be viewed as greedy considering what you brought to the table, more like lucky, but if I made it, those in the business would probably say something like, he identified a great bargin and worked magic to bring it to market value.

He doesn't have to identify himself and can remain anonymous.

James,I think you first need to identify your goals.

Burns' response are 1) that he does not identify which needs won't go away and 2) sometimes those needs appear unexpectantly later in life (care for an aging/frail parent(s), taking care of grandchildren, children that return to the nest, etc.).

I am looking for some help to understand the process and identify if this is even a deal worth passing on to others.