I am brand new to the pre-foreclosure market.

I just put 5000 to be conservative but owner states he just put in new hot water heaters, roof is in good condition, the pics of the yard look like it is really well maintained, etc  The detached garage looks old but has a brand new roof on it and has been painted to match the apartment building. 

Hi Everyone,Brand new to BP and relatively new to real estate investing. 

The numbers from the QB p & l goes right to the schedule E.  

Make sure you understand that some of these loans are seconds and w/o some type of title search you would be crazy to bid.There was a guy on here that bought one on the steps only to find out there was a 400k first and e was second. 

Hello everyone,I'm brand new to both this site and to the world of REI.

When I first started the R .E.

Good morning everyone.For those of you that Invest in or know the Memphis area well, could you please tell me, in what areas ( Zip codes ) have the highest, PITI ( what I'll e paying out for the house )  vs  what I should be able to rent it out to somebody for?

I have 11 what I call A's and they are always full so I have no vacancy factor.. maintenance costs 2 to 3% and that is just filters ... but these homes I brought brand new 5 and 6 years ago.. same cannot be said for used homes generally

Originally posted by @Tim E.: Although I have no numbers yet, it seems like a possible opportunity.