Yep, that makes perfect sense to me ...As to renovations, they are totally market specific ... you need to study the comps.

Purchase price: $552,000 Colibri Cabin situated perfectly on 3 acres in a secluded pocket of Woods Creek Lake known as "Fisherman's Cove".

All seemed perfect in the vacationers mind until he took a moment to realize that his one weeks vacation was spent doing what his coworker does everyday.

It just means that you stop trying to perfect every tiny detail.

I didn`t bother to try and bomb the property(as soon as I saw it, I wrote it off as a viable residence) In general, upstate SC is beautiful, and both the climate and economy are superior to much of the rest of the country - there is a lot to like about the area; jobs galore and the perfect "sweet spot" of nearly ideal climate and low taxes/cost of living, coupled with a booming economy and (still-rising) housing market, so I don`t sweat this crappy/demolition-ready mobile Anyway....I`m back off to NY tomorrow morning, so this whole thing has been a learning experience for me :groovy: , and I just wanted to share :wink: RE investing,....it`s not just a job, it`s an adventure :lol:

A friend of mine just changed provider to get a new iPhone on a contract, and I'm actually not impressed - it looks really nice, but for usability I actually prefer my XDA (although that could be something to do with spending a year picking out the perfect apps and customising my install of Windows Mobile).If you want 'the gadget', and like to look cool, I agree the iPhone is far sexier than my brick, though :)

Chase bank where I have my accounts will hold the cashiers check for so many days before crediting it.I wouldn't let any tenant move in until payment was verified.Chase has told me they have even had social security checks bounce from the government.I am not joking...............On what you can do to collect you first have to get a judgment.The in most areas you can go for a bank levy or a wage garnishemnt.For the bank levy you cannot touch social security,pension,or retirement funds.If those are pulled out the money will be reversed back to their accounts and credited.On a wage garnishment you can only collect up to 25% of income from their check and that's if they make over the federal poverty guidelines.If they don't make over the guidelines you can't do squat.If they make over 25% that is the total that can be taken out period.So if 2 garnishments are before yours you get what is left over out of that 25%.Generally the people will not stay at the job and will move to an all cash job to avoid the garnishment or they will file BK.There are collection companies that will buy the debt from you outright for very cheap or you can have an arrangement where they get so much of a percent of whatever they collect and the rest is yours.You can set it and forget it and put your time to other uses.Judgments are easy to get and very hard and time consuming to collect.The moral of the story is to screen your tenants very wisely and make sure the money is in hand.When I sell stuff on Craigslist I only take cash and I have a pen to check the bills.Some might call that over the top but I have never been scammed.Just like my friend said I was paranoid always looking for cops so I wouldn't get a ticket.My driving record is perfect and he has 2 tickets in the last year jacking up his insurance rates.no legal advice

Sure thing.......Late Monday will work out perfect.

This is the perfect place to learn more about REI.

It's perfectly legal to make a hard money loan to an individual for a business purpose (or for a consumer purpose, if the HML has the correct licensing).