If you go over board fixing them they become over improved for the neighborhood.

We are also taking lots of rides and trying to determine which neighborhood we want to start in.

The bad of course is that you are dealing with low low income tenants and neighborhoods which can be risky.Is there any books or web info related to Section 8 that is of value?

.), you will want to show a trend in neighborhoods that have gone up in value have increased the city's tax revenue over time, etc...While I am no expert, in the past, that has been the best route that I have seen to get discounts.As All Cash points out, having someone who used to sit on the board that makes those decisions is always a great route to go as well.

ad in today's paper

Duplex
$35,000
fully rented $450 and $490

I said that's to good to be true as I'm dialing my real estate agent. Yes the paper is wrong , it's $225 for each side.

:beer:

If prices are going down just because prices are generally going down and buyers are feeling spooked, that's one thing.But if it is depreciating because the drug dealers are moving into the neighborhood and all the factories have closed and there is no living wage work, then that is a different situation entirely.Also, when you are running your figures, remember that the dollar loses perchasing power over time.

I've been farming thorugh my realtor/MLS in one specific neighborhood, where I'm getting very used to the house style, ARVs, and repair costs.

They hear on the news all the bad things going on with real estate and don't think twice about it.Then when the subject of RE comes up, all the can repeat is what they've heard on the news or read in the newspaper, "man, real estate is really bad right now", "people are losing a lot of money in real estate".Nobody really thinks twice about what it really means when RE is low.

I moved to Fishers a little over 2.5 years ago from Fort Wayne, IN and I have been couped up in an office ever since and not out in the streets looking for neighborhoods, properties or people.I need to make some contacts and build a team of professionals that can help me reach my goals.

lots in this neighborhood start at 1 mil.