As for groups, my company attends Central Indiana REIA's meetings.

Matthew the Hedge funds have been driving the prices up on central Florida REO's

Just wondering what everyone shoots for as far as ROI or cash flow on their rental properties, with and without financing.My target properties are 2-3 bedroom SFRs in Central Florida.

I'm new to BP and wanted your input on a property.Built in 19852, 2-story Buildings, 4 units in each buildingAll units are approx. 615sqft 2-Bed/1-BathAll units have central air (not common for the area)Currently leasing at $400/mo100% OccupiedLandlord pays trash/waterFinancials (Super rough repair estimates)List price of 235KOffer price of 209K90K in deferred maintenance & updates. 2 New Roofs: 12KReno of All Unit Interiors @ 5K/unit: 40KParking Lot (Asphalt) Repair: 7KExterior Wood Siding Repair & Paint: 20KSomething Else that's Broken: 10K After improvements, market rents of $500-550/mo.

I live in Arlington VA but own rentals in Central Oregon.

For now, I only want to invest in the central Texas area.

Some of my thoughts on holding were that the rent rolls would cover any holding costs if it took too long to move the property - In fact, at the rate that home prices are rising, and with rentals in such high demand in the central valley, one could even hold onto it for 6 months before flipping and collect some decent income and experience a greater return as rising prices push up the sale price beyond what a 30 day flip would provide.

For some reason people love to plant trees right on top of sewer lines and the rubber gaskets in the cast iron pipe hubs decay over time and the tree roots find their way inside.  

Hi all,

I am a beginning real estate investor from Cuero, Texas. Right now my main objective is to start as a Buy/Hold investor in SF and possibly move to MF later down the road. My real estate investing WILL...

I'm a 28 year old stay-at-home mom from central Connecticut and have a little 1 year old baby.