Travis- Thanks for the nice e-mail and writing something in your colleague request.

Michael rather than looking at 10k houses that are thrashed and need more repair in a high crime area than the property will ever be worth I would go to areas where you can pick up nice properties for in the 30's to 50's.Lower property taxes,will appreciate faster,and have better rent growth.I would rather have one of those than 3 of the trashy properties that never ever turn a cent in profit and cost me money.

As you may have guessed, my cousin is "not a very nice man."

It costs me about $200 for a nice used frige with a ninty day warranty.

Hey Adam,Nice Internet bussiness!

I have to live in the 4-plex to make this work, so needs to be nice/good area and I don't have the cash to put down for a traditional loan.

These guys are smart as hell, and other pvt equity funds are committing multi-hundred million dollar amounts INITIALLY to buying bulk REO, rehabbing, and renting, cashing 10% coupons while the market recovers and delivers nice gains down the road.

It can be found here:Pro Forma For Small ApartmentsMaybe if we ask really nicely Phil will finish it off ;-)

Got a call today from a nice woman looking to sell her family's farm.

Given how cheap money is nowadays, 2% if found provides VERY nice returns.Please note this assumes $0 repair cost after closing and excludes closing costs involved in the actual purchase.