If the house next to it sold for 700k five months ago and I can get it for 550k, how's that not a good deal, apples-to-apples?

My name is Nick Jaber and work for a investment group [Express Estates] out of New York City. Currently we are buying packages of homes coming direct from the banks/mortg. companies at very good prices. Looking to see...

Madoff Investment Securities has more than $700 million in capital, according to its website.Madoff remains a member of Nasdaq OMX Group Inc's nominating committee, and his firm is a market maker for about 350 Nasdaq stocks, including Apple, EBay and Dell, according to the website.The website also states that Madoff himself has "a personal interest in maintaining the unblemished record of value, fair-dealing, and high ethical standards that has always been the firm's hallmark."

I imagine much bigger name investors can get around some of this prequalifying but until you establish yourself you have to play by the rules and "polish your apple".

Make sure you aren't comparing apples to oranges such as the rents including utilities or some other concessions.

I hope I don't die.. but what a rush when you realize that you are not dead and you can do it again.There are going to be new billionaires made in the upcoming cycle and they will be people not corporations.People that care about what they leave behind rather than care about what they can take.Remember how Apple and Microsoft started?

I feel that you guys are arguing apples and oranges.

., you probably are talking like 9.5-12% I/O, a few points, maxed out at 50% LTV, if it's bare dirt.  

This skews the numbers greatly as it's not an apples-to-apples comparison. http://www.realestatedecoded.com/do-real-estate-agents-really-sell-homes-for-13-percent-higher-prices/

Where are permits being pulled, where are the areas of development happening, who has plans to move into which sectors of the city (i.e. large business moving into the area like Amazon, Apple, Walmart, Banner, banks, ASU (and all their affiliate campuses and satelitte campuses) Intel, USAirways, Dignity, Amex.. if you can follow where these large employers are bringing in jobs, then housing will follow.