Purchase price: $75,000 Just bought this beauty and getting ready to put in some hard cash into this one.

I don't have to buy into the vortex/spirituality business to feel the calming and rejuvenating effect of its beauty.

But these properties won’t perform as advertised as you won’t collect anywhere near the projected or scheduled rent and expenses will be much higher than stated.There is an old saying: If it sounds too good to be true, it probably is.

The seller has given us a Notice to Perform, which means I have 3 days to drop all contingencies if I want to move forward with the house.

It appears that the affidavit of Heirship is not going to be able to be performed due to some missing pieces.

It's a beautiful thing to be able to give back to others.

It is unclear how this added inventory of new housing will affect the existing stock.I think that Ogden will out-perform the Wasatch front outside of the immediate Salt Lake area.  

We are expanding to Richmond, VA and I have a few questions:***In VA, do I, personally, need my real estate license to perform property management services?

The other homes had not been remolded for decades but we proposed doing a modern renovation and the board approved of it, started off shaky at first but as time went on I think they realized we were trying to help the neighborhood and build a beautiful home.Definitely think talking to the board beforehand and getting to know people face to face helped a lot in this deal.Here are the numbers:$170,000 Purchase Price$8,000 Closing Cost$4,000 Holding Cost$75,000 Renovation (new: roof, siding, windows, front porch, back deck, HVAC, floors, kitchen, two baths, trim, paint, doors)$20,000 Selling Costs$315,000 Sale Price$38,000 profit.Some pictures, more can be seen on my website: kenbuyshouses.net

Beautiful work.