This increased the required household income to purchase the median-priced home by $6,400, to $119,700, after also accounting for the cost of tax and insurance.

That is the equivalent of me purchasing a hammer and tape measure and calling myself a contractor. 

Purchase price: $200,000 Cash invested: $20,000 Sale price: $377,000 This was the first house I ever purchased.

Rental prices in ABQ keep up with purchase prices much better than they do in Santa Fe.Overall, residential prices are up about 15-17% from 1 year ago, in both markets.

Working on the rest.We rank them by Class A, B, C & D.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.So, we recommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.Here’s our OPINION for the Metro Detroit market (always verify each area for yourself!)

Hello everyone,I'm seeking advice on coordinating a rental for a property I recently purchased in the 48602 area.

The first purchase is the hardest.

Yeah there isn’t a forem for foreclosures, but as this is being purchased for cash it is a brrrr too.

They still have the receipts/numbers from the money orders purchased at the post office so they were able to track them, as was the post office.

That agent was now on that purchase contract and he later sold the house about 4 months later and was on that sale.