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I don't know what to say beyond I buy SFR bank foreclosed properties, I charge no mark up, my clients buy their properties directly from the bank, what I do is I organise the renovations with the copies of all receipts without a CENT marked up and people pay me from those receipts. I charge a...

You have projected taxes at about double what they are in Vegas - Hammond for instance was $825 per annum - your insurance is over by $200 - I just swapped brokers on my insurance for Hammond and it came in at $431 I think.... further, rents can be adjusted for Section 8 annually - give 60 days...

Heck Mandy, if we can all connect the dots to financing - I'm with Jeremy - doesn't MATTER the rate if it works for you and you can have the yield padding... Calling Loans USA as we speak..... THANK YOU for helping to connect some dots - I agree, that IS what this is all about and Jeremy, I...

I think that it is quite clear that what we have all said ages earlier in the thread is accurate. Find out how much a wholesaler paid, PRECISELY the $$ value of the renovations that they put into your property - it is probably an AMAZING deal with 6k worth of renos and 3k of liens cleared and...

TassieDevil - Firstly - whatever you do don't even vaguely think twice about this - screen doors are the most basic, simple, simple thing to repair - you could do it with your eyes shut and will save you a fortune - two seconds to do at the absolute and I mean absolute outside.... to buy at...

MandyH DIY Research It is tough and hard for me to type specifically - I just caught up on the reading since you joined and I know that I echo my brother's sentiments and ire on this topic. I really only started all this to prove that you can do this without being ripped off. Obviously I am in...

DO NOT BUY IN A COLD CLIMATE... lesson from me this morning.... !@#$!@$!@##$!@#$#@!$@!%$@!# Expletives..... my tenant left a garage door open last night in Alaska...... PIPES ARE FROZEN... DUPLEX IS FROZEN... trying to contact my insurance agent to find out if this is covered due to my...

Jeremy - No offense taken whatsoever - I am the first to agree - ironically I think it is one of the few things that is a HUGE help is to know more how to approach situations from the US side. Same when I was Middle East - cultural relationship training! Not right, not wrong, just different...I...

SECRET!!!! SHHHH DON'T TELL ANYONE... SECRET TO FINANCING ABOUT TO BE REVEALED!!! Web seminars, ebooks and more soon to be released with this "ONE WEIRD LITTLE OLD TIP FOR GUARANTEED US FINANCING SUCCESS" Had to throw that in. Thanks MTR for inspiration in this area. Financing: I know some...

Here in Vegas it is very tough to find anyone to finance anything...this market has been slogged and hard and lenders may be hard to find elsewhere but start saying "Vegas, Non Resident investor" and compare the laughter to the funniest movie you have ever seen and the type that causes you to...

Yesssss, well given the state of some of the ones I saw today, I think it is safe to say that they were eaten versus actually put anywhere useful....

Huge Tip!! Air Filters In Us For A/c Units This is a really really interesting tip that I just learnt from my A/C dude who was inspecting a property during due diligence. The bit I knew already- if your tenants don't change out the air filters for your A/C unit once a month, your a/c will die...

I will try to tone down earlier message - US taste in housing can definitely be interesting - but heck, at those prices, let me whip out the "check" book they love so much here.... PS News of imminent death was somewhat overrated and methinks that Costa is being a little modest of his own...

Rent to own.... Already alive and kicking down here in Vegas...(well up here etc). Advertised today - "4 br/2 ba, rent to own with as little as 3% down - bad credit ok" - written on a cardboard box in the middle of a major intersection. Of course my mind went....hmmmmm, can't get US...

Itin Lizzie Most welcome - ha a sense of humour is the most valuable asset you have to have (although sense of humour failure about to occur as STILL no electricity in my beautiful burnt hovel but fingers crossed for inspection pass this week! - Moat is now covered)... Still had a few people...

Reeco - I think you would be surprised at the number who would fall into your category - ie come, look, investigate, get to know the lay of the land and then make decisions. I think not precluding anything "yummy" but still - I am the first to err on caution - I am HIGHLY aware that any property...

To add.. I spent about three weeks when I first subscribed to the MLS auto list cross checking all the properties that Yolanda sent me (oh me of little faith) with Zillow. They match, precisely. The big difference is that I get them sooner from Yolanda and know that the ones I am getting, albeit...

Okay - just had the scoop on the whole auction saga.... or at least the scoop on how it works Vegas style as told via third party so this must be gospel and is definitely a bit abridged so I can't be sued on this.... :) Thought I would share. Basically for about $40 a month you subscribe to...

Sewer and gutter explained.... apparently there are underground sewers that run the length and breadth of Vegas - a book was even famously written about a murderer who escaped via this network. People live down there, in theory you can traverse via all the casinos etc and I am sure there must be...

Actually I wouldn't argue a property in 89142 per say - the rental comps just aren't there nor the prestige element.. it will be a great deal in 2-3 years time but for now think more 89117, 89074 amongst others - Green Valley/Spring Valley/Henderson/Summerlin (although all HOA's in Summerlin -...