Turns out this couple has a 2100 square foot, 3, 1-1/2, 1 rancher in a nice part of town and the husband has just become a complete loser.

A-AS- Blk-Pcl-Unit Town Name 1852 N.

You will turn thejohnmichael: property around quicker.johnmichael: As a beginning investors avoid a rehab property or the lure of a high priced property as many beginning real estate investors get distracted form the fact that the ideal property is the one that you take control and resale for a profit.Dan_Auito: fixer jay decima goes for junkers and makes goldjohnmichael: The easiest place to make money is in the middle and below price range range.johnmichael: The property should be free of damage and need no major repairs unless you are an experienced construction worker or builder.

. $10,800 to bring current $5,000 for the deed $5,700 for carpet and paint $750 for other costTotal out of pocket $22,250 to take control of a 500k plus property based on appraised valueI did a lease option for 5 years at a lease option purchase price for $549,000 with 25k down and $4,500 a month with 25k towards the purchase and $500 a month credit towards the purchase of the home.

I live in a small town now (about 5,000) with a few smaller places within 10 miles and a similarly sized town about 20 miles away.

I've been selling two FSBO's in town that have excellent location and in purr fect condition.

Hi Janine,Did you check town records to find out where the tax bill is being sent to?

Originally posted by "Jeff":Bottom line I think is to live below your means, save and personally control your riskiest investments, ie real estate.

Higher priced homes in certain areas of town are also hot.

It take some time to learn the CONTROL & ROLL method that we use, but it is very profitable once you get it down."