- unless - unless they have priced it for auction style bidding, and $180,000 is the ground floor for minimum bidding?

As the land value in this investment can't be depreciated it would be advantageous to set it up as a land lease/ground rent.

Hampton/Norfolk/Newport News used to be my old stomping grounds 20 years ago, when I was 23.

You're supposed to honor the previous lease if they have written evidence unless the lease term is over and they are month-to-month then you can get them to sign a new lease with your terms and if they don't then I would think that is grounds for eviction proceedings.

I come to think a lot of why people want to invest, particularly in RE.I have "worked actively" since I was very young with selling candy on the bus to working at a carwash when I was legally able to, to building a couple businesses from the ground up.

Welcome to BP and Wow... way to hit the ground running!!!

The initial phase is similar to Paypal's; 3 or 4 days to verify their bank account.It is always 25 cents per transactions.

Now, aside from the dirty water, and the trash down there, this guy decided to really destroy the pool.This is South Florida, so we have a very high water table, and in the summer when it rains a lot, the water table is so high, that if you drain all the water from the pool, the hydrostatic pressure of the water in the surrounding ground will actually push the concrete pool's shell out of the ground.That's why you see the entire pool is now completely broken off and raised off the deck.I thought some of you might find that amusing, or not amusing.You can imagine what the inside of the house look like.

I'm going to start trying to virtual wholesale once I get back overseas and a partner with eyes on ground would be a great help.

A few weeks prior to my purchase, the house that was sitting on this land nearly burned to the ground, leading to it being demolished and the land going up for sale.