We buy and sell 2-4 homes a month here in this market and you can get burned if you are not spot on with your market values, the upside and downside of the neighborhoods you are choosing to buy in.

There are still some spots in 32208, that are on septic and well.  

@Jordan MoorheadIs McKinney, little elm and other north Texas good investment spots?

Eventually, this would be an ideal spot to build a nice home for retirement.I am planning to paint the paneled walls and cabinets, replace hardware on doors/drawers, update flooring.

Hi all-New to the forum here and never posted- hope I’m doing this in the right spot.

I did wall braces in a block foundation this past summer, and 90% of the water intrusion was remedied by cleaning the gutters, adding long downspout extensions, and removing a tree. the remainder I drilled holes in the bottom of the bock in the problem areas, let it drain for a few days, got it all clean and dry and installed an interior gutter that drains to the sump pit that I ordered from Waterproof.com  On a different property, I did not have a sump pit, and had a water issue in on spot, do i installed a sump pit, cut a trench and installed tile with a cap and sock for about 4 feet as well as drilled holes in the bottom of the crock, the pump never runs, but that was enough to relive the pressure, and I havent had water since, if the water does come up, the pump will kick on and get rid of the water. 

When figuring NOI and Cap rate do you assume the shopping center is 100% occupied or do you put a risk factor on it, say 15%, which is about equal to one spot being vacant.

Often times someone in this spot would choose the wrong finishes and upgrades and not make the money they want to.Paramus is a market where people will buy to invest and flip and the better the presentation, the better price you will get.

I have my eye on one particular REO property but there are many in the ways of vacant/abandoned yet gorgeous homes.

There's no reason anyway for them to know who you really are, it helps take the emotions out of it all, and this way you never feel like you are being put on the spot.