.* Pretty decent area, C++ to B- property, fully rented* 24 units in two buildings, 18000 SF, all nice-sized 2BR; brick exterior; 4 units on each of three levels per building.* Owned by busy small bank president, has been managed [poorly] by 82 year old father from 60 miles away.

House is REO in need of repairs: needs carpet, appliances, some plumbing and electrical work, some exterior touch ups.

All those Foreclosure Courses did was create a Hyper Market for foreclosures which inturn caused entities like the FHA, VA, and Fannae Mae to start offering their foreclosed properties at market value as opposed to what they could get and the worst part is that novice investors were sucking them up through straws.Prior to 2005 I purchased several apartment buildings in Charlotte NC.

If you think everyone is an idiot or nuts, then please feel free not to participate as opposed to lobbying for the removal of opinions, posts, and forums.

They're just as effective as sealing the basement walls from the exterior, when installed correctly.

Max - Why are you opposed to Section 8?

Anyone aware of good reasons that vacancies might be lower in student housing areas opposed to other locations.

I read blogs, news articles and other modern writing that would have earned an "F" from my third grade teacher for grammar, style and content.I don't mind opposing views, what I mind is when a person cannot articulate the reasons for their belief system.

I was down there measuring the exterior of the house when I heard barking.

Hi all, Here's a 3/2 wood frame on 1.75 acres.ARV 95000- 30% 28500equals 66500 less repairs -27500equals 39000less b/h/s -5850equals 33150 less profit -3000equals 30150 MAOI figured repairs based on 5k method (a/c 5k, kitchen 5k, windows 2.5k, interior repair,doors, and paint 5k, bathrooms 5k, and landscape and exterior paint 5k)House needs a lot of work.