Just make sure that if you look at anything built before the Hurricane that you do your due diligence well, like any other place in need some contractors came in a did piss poor jobs on the homes an ran.I have a cop buddy down there too that bought a new home after the Hurricane I want to say he payed in the 120's range or so, nice little place i believe it was a 2/2 I would have to ask, it was in Gulfport.I did see a few weeks ago an REO property just north of the coast line in Gulfport that was a new subdivision development for sale, it has something like 70 plots laid out if I can remember correctly, the website pictures showed minimal readiness and I don't think utilities had been run yet, but I remember seeing the letters from utility companies and the State Dept of Agriculture about the land.

So, I have look at 50 or so multi-family now I'm narrowing my search once I looked over cash flow. When I make a bid I want to ask a question about financing...I have about 80,000 in equity in my current home so shou...

The report consumed a lot of time. but, starting out the experience was worth the time.

I stand ready to help!

Texas City, TX 2/1 ARV: $50k-55kRepair: $2500-3000 (may be less. very minimal repair)Fully Furnished (no refrigerator, stove, or television) Ready To Rent - $550-600/monthHouse #22315 5th Avenue N.Texas City, TX 1/1ARV: $35k-40kRepair: $2500-3000 (may be less. very minimal repair)Fully Furnished (no refrigerator, stove, or television) Ready To Rent- $400-450/monthTotal ARV of 1 & 2: $85k-90kTotal Repair of 1 & 2: $5k-6kTotal Rent for both 1 & 2: $950-1050/monthAsking price: $54.000thank youjhon

I am in very bad situation, lawyers sold me short, after consuming close to $50,000 in fees, and I am afraid of any paid consultation like of fire .Surely I would have many questions, what to do after getting the loan, but this is the subject for another post.Big, big thanks in advance.

Unless you plan on marketing your home yourself and that is very time consuming and you can't network like the MLS system can.So you must consider this....If you still owe on your home and pay the mortgage note on it...without a real estate agent - you are looking to pay that mortgage note (a few more times.

I am very interested in learning about Land investing, because I "lucked" out recently (twice) and now I'm afraid that I have the bug :mrgreen: So, here I am ready and eager to listen and learn!

I'm now ready to do another fixer so I figured its time to get serious and get an LLC set up.

I'm getting ready to send them out so I don't have any results to tell you about though.