Painted/stained wood floors in fine shape with no carpeting.All mechanicals and roof upgraded within 4 yearsAsking Price $110,000.00Rents $1900/moUtilitiesHeat $2500/yr (2 x last years costs)Water/Sewer $2400/yrTrash $330/yrElectric $500/yr Taxes $1400/yrInsurance $600/yrI will probably put $2500-$3000 into property upon purchaseThanks!!

Lake Forest, Laguna Hills, Laguna Woods, Mission Viejo, Aliso Viejo, San Juan Capistrano, San Clemente, and Orange.

Gotta keep the end goals in sight.

The best and most widely quoted estimate of the size of the hedge fund phenomenon is baed on a report from investment bankers at Keefe Bruyette and Wood.

They do buy & hold.I don't see these fund companies making it with the prices they're paying (sight unseen) & using PM's.

James Park thanks doe reminding me of my spelling mistake with loose vs. lose :) jk.. but seriously, I may contradict myself on the subject multiple times, but overall I think it is better to find a good tenant than fill the place.In my neck of the woods, it is 60+ days and 470 dollars to evict a tenant.. so that is what I base my leniency on.

Don't have any yet, knock on wood...

Activity on the sight is most beneficial.

Looking to do the following:Repair uneven flooring (10x10 area)Paint entire houseUpdate bathroomNew carpet in bedroomsLaminate hard wood downstairs in living area.New lighting fixuresPaint exterior of the house (front and back only about 2 sections 20x25)Give me a ballpark if you have some numbers.

I have a few rentals now and I can pick good tenants (knock on wood).