Originally posted by @Nicholas Andrews:@Jay Hinrichs I guess it’s also important to try and build relationships with people in areas you are investing and have some “boots on the ground” per say. the issue with low value assets in the US  you can have an army full of peeps but if your renter does not pay or trashs your house all your boots are going to do is tell you how much U lost and how much its going to cost to fix.if your out of country.. just look a the median income for any MSA  like Indy is 130k buy at that or a little above that will give you decent schools and decent renters.. there are plenty of 30 to 50k houses there .. just google the Morris invest threads on this site and see how that worked out.. cant caution you enough that low end tenants in the US  are super fragile financially and very transient in nature and the areas these homes are in are crime ridden and terrible schools. why would you invest there. 

I have been to small claims a few times and never lost.

If property that has been held with the Ag exemption is sold for development or non-ag use, Texas allows reclaiming the lost tax dollars at the sale. 

I am in the process of building my knowledge before I dive into my first flip, and there is one area that I feel lost in...Building codes/permit requirements!

Without the numbers though I think we all just lost interest.lol

I just lost a listing in my own neighborhood because they chose to go with a flat fee agency.  

I would have been better off hiring everything out, getting it done in a month, and then paying for the work with the extra income.We stayed within budget, but we actually lost money because it took four months longer than I anticipated.

She lost her right to practice law and she doesn't practice anymore.

Sorry you had a bad experience and lost your money.

You could drop it then.If you lose in December, what have you lost, you have nothing now.Keep us posted