Counted this as a 45k asset but in truth it could be slightly higher or lower, there is a lack of inventory in this market so I am hopeful it will go for more but I am budgeting 45k.Deal 4 Bought an REO for 12k, rehabbed and all in for 20k, property value is 60k, posable more if we sell as a turnkey to a CA investor.Deal 5 Condo in Chicago, bought NP note (owner died in 2007 and nobody has paid since) paid 22k for the note, property rents in that neighborhood are @ 1,100 a month and the property is worth 60-70k based on estimates from a BP realtor in this market.Deal 6 bought a vacant REO for 5k, paid 7k in back taxes and put 18k into rehab, rented for $875 staring June 1st and worth 60k based on neighborhood comps and feedback from our PM/Realtor.Deal 7  Bought a SFR in souther IL for 12.5k, needs 30k in rehab and BPO's came in at 65k and 70k, I counted this as a 20k value since we will need to put more into it.  

I work with dozens of investors who have done 1031's into the souther/middle part of the country where the price points are much easier and the laws are more friendly.

Such a property in Souther CA does not exist but if it did it would be an easy 8 digits. 

The souther area will have less (as the county tries to maintain a healthy housing stock for workers who might commute from just outside of Boulder proper into the city.)-- They also did away with one of the "types" of licenses.

However I plan on relocating in souther California.

Preamble:Howdy! I currently own a rental property in Boston which I house hacked and am actively trying to acquire another to do the same. However, the market in my area is very hot, and I haven't been able to find/wi...

Hello everybody,

My name Is Paul and I live in riverside California. I’m looking to invest in the surrounding areas like the high desert area. i have construction background so I am looking to do most repairs myself ...

I find the whole deal interesting as I would also think that, if the homeowner still on a mortgage, and they leased, say, part of their backyard to the solar company (maybe roof was not structurally sound, but plenty of southerly yard), it would trigger something like a due on sale clause, as the homeowner has given up part interest in their property, correct?

Hello Biggerpockets,My name is Brandon Boyer I'm from the DFW area the Navy has me in San Diego. I am getting into real estate to build wealth for my family. I want to start buying and holding single family and multi ...

You're right, I was considering buying a primary residence out here for my family and I to add to my (small) portfolio, but I figured with the cost of home sout here, it'll be almost impossible to cash flow.