They often are eyesores and create a negative image where they are located.

I am curious about the need for a property manager in these situations as the tenant would also have equity to protect...would that negate the need for professional management?

My current strategy is to buy more houses to make up for the negative ROI but it really sucks to have two properties making you no money.I need a brilliant Idea to turn this around since I have run out of them

They want to see my tax returns, which is fair of them; however, as a small business, i have written off as much as I could for the last few years and it looks like I only make about 40k a year.I am planning on a buy and hold (for at least a decade) strategy and unfortunately, because Austin is relatively expensive/ bc I'm not flipping, Hard Money just will not work (it kills the margins in a violent and gruesome death).

Just as nearly any new home builder with a halfway decent reputation uses their name to advertise their homes, I would like to have a name to advertise mine that will hopefully create some extra value for my projects and make them easier to sell.I came to the conclusion that a brand name would be a good idea mainly from hearing of or getting hints at buyers attitudes towards flip projects, which I generally consider to be somewhat negative.

I buy quite a few townhouses but you have to be very careful with them....especially if they are financed...I only buy with cash.

Failure to do so negates the corporation, and in the event of a law suit, the asset protection of the Corp disappears.

I've been looking at 650K or less (with 25% down) in the Inland Empire area - Redlands, Rancho Cucamonga - but find very few deals that cash flow - seems like most are actually negative.

Especially as it will probably be years before I can replace it with another fixerupper under current market expectations--i only buy good deals and for that I need a buyers market because I don't knock on doors, etc.I don't think the house is worth near what it would bring except that at todays rents and todays interest rates it is cheaper to overpay with an FHA loan than to rent.

Hi Everyone,

Let it first be known that I am very new to BP and learning all the time. I guess I am just looking for validation on the approach that I am currently taking in my buy and hold strategy.

In...