A lot of people look pass Portsmouth but I think it has tons of potential.

Adds a bit more in expenses, especially with the cost of electricity in Ontario (at least the unit I am looking at is gas heat opposed to baseboard), but the extra $300-400 roughly in expenses could easily be made up for with the extra $800-1000 in potential rent.

You simply have to know what you are doing, which means knowing your values and any potential additional liens you may inherit....code violations, past hoa dues, unpaid utility bills, etc.  

Hello,I have been doing the landlord routine for the last 6 years. I have 28 units now and it's time to improve my systems and look for better ways to run credit, etc. I have mostly low-income tenants with poor credit...

I attempted to wholesale 40 acres in Broken Arrow, OK and the best piece of advise I can give you is to spring for a survey...every potential buyer will ask you for it and none of them will want to pay for it.

So good luck on your potential searchPaul

7 duplexes and the investor wants outC- area, most tenants are section 8(4) 3/2/1 and (3) 2/1/1Seller can finance, his terms: 10% down, 30 year @ 6%, 3 year balloonPurchase price: 600,000Appraised 10 years ago at 107,000Has a property manager that helps "collect and deposits rent, handles leases for new tenants, schedules inspection for section 8, and finds some renters"The owner has not raised rents in 2 years also..These are rough numbers for the duplexes right now, I believe there is a lot of potential for force appreciation: raising rents, separate water meters, finishing garages (since section 8)

If some potential buyers of the property can't get financing how would you get out of the property if need be?

The basis of the program stated that a group of people would drive around with someone that was more experiences so they could teach those that were interested a little about what they look for in terms of a potential property to acquire.

Hi BP Family,I have my hands on a potentially amazing deal & I'm trying to secure that I get paid.