Boomer Trend: Before I started originating reverse mortgages, I made it a point to do age demographics for every state in the country for purposes of target marketing---according to my research, the median age in Vegas is 34.5....There is no considerable concentration of boomers in Vegas (and 30 somethings aren't known for considerable networths either).

What I mean by that is you have to do some research:1.

Wow, I know this is a really old post but I am new to BP, and my family is about to start our first BRRRR. the property manager portion is still something I am researching to find a great fit for us.

In my humble opinion, analyze your personal finances and research, study and pray for the right solution.

I'm guessing that ARV will show to be between 125k and 140k [still need to do a bit more definitive research, as it's not in a subdivision and not my local market], while the tax assessed value is just 70k.I have a phone number for the owner's son and plan to get contact info for the owner, but HOW do I 'get the deal on paper' when I call the owner of a trashed, abandoned home?

They can often put you in contact with local property managers and contracters, and I feel as comfortable researching the rental market online as I would in person.

The measure passed by a vote of 386 to 27.More than 2 million Americans are likely to lose their homes as low introductory interest rates on mortgages are reset to higher levels and borrowers struggle to make payments, according to the Center for Responsible Lending, a research organization in Durham, North Carolina.At the end of last year, there were 7.5 million subprime mortgage borrowers with $1.4 trillion in loans, the group said.

I've been researching REI off and on for the past 3 years now and seriously (like at least an hour every day) for the past 6 months.

I'll be researching specific cities for the next 9-18 months (when the market bottoms out?)

We have researched and waited a long time to find our first deal to give us a solid foundation.I have just found out that another seasoned investor in my town had placed a final bid of 6500 on this same property.