The Investor, not living in the area or state, doesn't know that the home next to the home they are going to purchase is boarded up.

This is a turn key investment .

I look at message boards and attend a REIG meeting and I see these newbie all the time and I hear a few things constantly 1. a newbie asking WHAT IF question on EVERYTHING they seem to have read in the books, the most annoying are the what if’s and have you questions like what if this breaks or have you found more lead in the MLS or in the paper?

Heya board!

The tide raised all ships, and they became the key players in the current day.My point is this.

Welcome to the Boards We have networking events all over Greater Chicagoland.

a property will sell or not sell depending on math...if others see that property making great returns...it will have no problem. now or later in the future....if the price is too high...well you have to just move on...the key to real estate is NEVER fall in love with a property...it will hurt you. think of it as business and do the math and everything will be okay...thankssunsmicro

Welcome to the board.

(starting to talk myself out of the fear) waterbury is a small big city, what i mean it's small in population, but it as alot of big city problems, corruption and the usual crime stuff, but my main cocern is the mill rate there is insane. even in the height of the RE boom property was still 20% cheper b/c of the taxes.if you have a deal just make sure the taxes are acurate. there is definite money making deals in waterbury for the seasoned investor, i'm just trying to stay alittle closer to the house. if you give me an adress and i truly know the area i'll give my honest opion of the area. and some where on this board theres a link to money mag. 10 best places to buy bridgeport ct was on the list, same type of city but closer to nyc fairfield county. hope this helps good luck..

In any transaction the key is to accurately factor in ALL of your costs so you know you will make money on the transaction.