There is a publication in Portland called the Landlord Times and it cites a transaction by a Dallas based investment firm buying (in Portland Oregon) a Lloyd District midrise at a high 3% to a low 4% cap rate.

If either involves any sort of public hearing and approval, then you are probably in trouble.

Dale,If they have public meetings to debate this stuff, you and the other LLs should attemd--they may listen to you if enough people show up, although I know that the west coast isn't that LL friendly.

9) Dual agentsTo be fair, some of the things they published WERE fraudulent like bribing BPO agents or reverse staging, but thier misleading publications are going to have Realtors up in arms about short sale investors.

First, remember there has been some recent changes in the law for selling on owner financing and contract for deed.In a nutshell.. as of October 1, 2010, in NC (please seek a competent attorney to make sure I am correct, this is my interpretation)WRT Lease Options, the new law:•Requires that contracts be filed on the public record, including the name and signatures of all parties along with a description of the property;•Applies the state’s landlord tenant law to the lease portion of these agreements; and•Gives renters the option to cancel lease option contracts if default occurs on the mortgage, and seek a refund for all money paid less the fair rental value of the property.WRT Contract for deeds, the new law:•Prohibits sellers who don’t hold title and are not on the mortgage from selling property under a contract for deed.

While poor lending practices are certainly a partial contributor of the financial crisis we're seeing, I personally believe there are more fundamental issues, such as a decrease in domestic production, low liquidity among individuals, corporate greed (and personal greed), drop-off in public educational standards, etc.While the lending rules may certainly have hastened (and concentrated) the financial crisis we're seeing, I personally believe it would have happened eventually, even without lower lending standards.So, I disagree with the statement that it "could not have happened without government intervention in the lending market."

@Marvin Song Why are we not publicly outing this company, using the strength of the community to improve the situation and more importantly, save future investors the hardship of dealing with said company?

This combined with a pathetic public transportation system is a really bad thing.Water.

I can't promise that I'll be able to publish any conculusions - BUT, I will point out some very public data about the site, and let you draw some conclusions on it:The "New Member Introductions" tab has less than 15,000 topics.BiggerPockets boasts over 218,000 members on its homepage.One may infer that under 7% of members have introduced themselves in that forum.What does that tell us about the success rate of that 7%?  

Our renter is asking for reimbursement for however much I pay for parking at public Garage until the garage door is fixed.