Hello,I am an Investor living in Los Angeles tho capitalizing on deals back east specifically Indiana and North Carolina.

Those of us who are buy-and-hold will look up from our properties and listen disinterestedly as we are not the nation nor the trend.

We don't have the cold temps that you might experience up North so maybe that is cause for concern.Have a plumber perform a pressure test on the house and that will tell you if the plumbing has been compromised.

The potential property that I am interested in is located on the North side of Chicago in an area that most buildings exteriors are composed of brick.  

From what I see, offshore real estate investing is becoming increasingly popular and, in fact, I am on the opposite side of the equation to Laura in that I am a South African who has investigated opportunities in North Dakota and Atlanta.

I have read many books on Real Estate Investing and try to continue to further my education in this business everyday.I am looking to start or become part of a team in North East Pennsylvania.I look forward to using this site and hope to gather useful information that I can use in the future. 

It seems like every dirt bag in the state has moved North to try their hand at pot farming.

We have a strong team with many new construction projects underway in North Philly.

I’ve had a lot of people ask how I buy most of my properties with cash, but not my own cash.First, I want to start with a typical lender parable.A guy walks into a Porsche Dealership and finds the car of his dreams, it will cost around $80K and since the Porsche guys don’t negotiate on price, he pays $80K.He calls his bank, and within 30 mins is zipping around his community in his new car.Never mind, it will never be worth what he paid for it, and the bank gave his a 2.5% rate for 7 yrs…I kid you not.Same guy finds a nice 3/2 home with hardwood floors in a “middle to working class neighborhood”.The home needs work, the AC is shot, needs paint and general updating.ARV is somewhere north of $65K, and HUD is offering it at $41K.He calls the bank, and the same guy that gave him 2.5% for 7 yrs on his car, laughs.Citing numerous laws and bank SOPs, he finds out that essentially this home, because of its price point (below $50K) is “unlendable”.Now the “how to”-The fact that you generally can’t get a loan for homes under $50K is a good thing for investors.Here’s why.These homes generally require much less than $10K in rehab.However, once the asking price goes below that magic number of $50K, it really means it can only be bought with cash, and that it will probably be bought for $25-35K.Yeah, that’s right.Why?

Just an introduction, and I plan to detail more of what I am doing later:I am a new home builder, just starting out on my own, in Carolina Beach North Carolina.