All Forum Posts by: Roc P.

You better believe that oil money is making Putin very happening, plus having influence with nations that the US don't like can't be helping. Iran is a major player with Russia with regards to weapons and oil. Russia does not care who they sell weapons to at least the US sells weapons to "friendly" countries now, who later become our foes.

Still waiting for the RE agent to call me, so looks like I have to go on offense and try to track the listing agent down.

Not to change subjects but I think its great when you call an RE agent and you get no response what so ever, and I know RE agents get a million calls and have to weed through the junk but come on not even one call back or email!

I'm no expert as you can tell, but I think the land is the most important especially if you live in an area where developments are popping up.

Sorry to hear about your like with bad rental hopefully it will work out.

I'm still trying to decide about this potential property, I'm going to check it out as well as other properties that are in "unfavorable areas" over the weekend. Hopefully I can get a better reading of things.

Hey PropertyMaster could your PM the link for your articles. Thanks everyone

I agree with you to an extent but the potential numbers keep calling me, I will let everyone knows once the RE agent contacts me.

I know its definitely apart of the game dealing with tenants, but I just located some properties, in bad areas, that if I can get the asking price down I can make cash flow.

BTW I'm using the info from MikeOH book and info learned here regarding rental properties so a big heads up to him and this board because I will never look at a rental property the way I did before, thank you all.

I was wondering what was everyone thoughts about rental properties in dilapidated areas was. Is it worth having all the numbers work out, i.e. 2% rule and house bought @ 70% of value etc., vs. the appreciation of the home and possible resale of the home, i.e. no one will buy the home because of the area it's in.

I know that having cash flow is the most important thing with rentals but I'd like to hear everyones thoughts. Thanks

I'm actually thinking of volunteering for Habitat For Humanity, I figure it's a win-win situation with me learning something and helping people at the same time.

Also I second the Home Depot orange book, I own it and has a ton of good information.

Putin is defiantly a nationalist and you can see that in the way his does business with former Eastern Bloc countries. Google Ukraine and Russia relationship the past few years.

Putin is also under pressure because he knows that China and India are on the upswing and Russia is basically stagnant compared to the two.

I'm not sure about arming rebel groups, but Chavez is going to do business with countries that the US do not consider "friendlily", to increase his bottom dollar.