All Forum Posts by: Morris Lucas

So you are buying one side of the duplex?? Can you explain...

Kevin, i have been watching this area? What do u feel sets this market apart, the price of the properties compared to rent? Heavy past appreciation? More renters than owners? Landlord friendly laws? Low tenant turnover? All of the above?

Thanks, i got my first deal from Tax Lists, so this should come in handy!

Worst part about about tax sale investing is rules are different in EVERY STATE and EVERY COUNTY, lol. 

Thanks everyone for your informative responses!

It appears there are definitelygood deals in that market, but many of you are sayin "stay away from >50k!" Duly noted!

Sky, i am curious, did you start with just one property, or did you and a group start using private money for these turn-key projects?

Hi, i am wholesaling this Condo property in Decatur, Ga!

3/2 condo

built in 1973

Purchase Price: 29k

Estimated Rehab: 7k

Estimated rents: $750

HOA fee: $160/month

Please PM me if interested, for address and visit.

Is there an HOA fee since it is a TH? How much is it?

@Richard D

What kinda property sold for $3250? Was it a vacant lot or something?

If so, what would make u buy a piece of land vs a house? I would be afraid no one would want it unless i already had a buyer!

please include me [email protected]

Price??

So did you continue to set up your Vanguard? I am contemplating setting up an ETF mutual fund this month, as i don't have the capital for any RE rentals yet.