Back then, banks had a TON of inventory and the housing market was in a nose dive.

Being that you are located in Birmingham, I would recommend you at least drive by the property (at different times of the day and night) to check out the neighborhood dynamic.Other than that, I would request the exact numbers, and do not go by what the broker is telling you.

I actually have a friend that he has always stayed with his full time job and did his real estate agent work on nights and weekends ever since 2000.

I have great ties and connections with the local RE community and due to the prodding of an acquaintance, I am finally ready to dive in (DJ Thielen.... you know who you are!)

One night he found out that one of his rentals had been raided by the police and the door kicked in because the tenant in the unit called him: "Mr.

I can filter expired listings through my MLS but most agents will take the listing off the night before it expires so nothing comes up.

I'm constant contact with the tenant via text and the tenant has an excuse everyday for the past week. everyday I'm told wait until tomorrow morning, in the morning I'm told I will bring it at night etc.Today I filed a complaint in court but it will take 3-4 weeks for a hearing.My question here is:Can I still evict the tenant or end the lease since almost each month the rent is late?

I would focus on trying to find actual extra income for the next 5 months -- working overtime, night job, maybe get a roommate to cut expenses, sell extra things you don't use on ebay or craigslist, etc., and pay down the debt while you research more here or books from the library until your debt is paid.

I'm using the DCF Analysis V 6.71 - CCIM Institute to dive deeper into my analysis of a 6-10 unit apt.

I want to dive into a different market and I am eyeing the Vegas market.