All Forum Posts by: Rose Jones

I am going to be selling my primarily home. I bought it for 275, 000 and they are saying it it worth 
$616,000 - $876,000 nowt

This is ridiculous - It is still an ugly pig. But that is the Bay area.

I will not rent in California - I vote blue - but sheesh there are no protections for landlords in this state! My friend is always late - and she is tolerated because she pays. 
takion
I have some very nice neighbors that are interested, I will want them to qualify for a loan, but I have thought about taking a second back so I get a stream of income as well as the payment.   What says you? What if they default on their payments.

Welcome to the forum Brandon Brock! It would be hard to see how you would not be successful. Linval - thanks so much for your exhaustive guide for beginners on the forum!

Does it have to be in Houston? It is ok if it does, but it seems to me if it is turnkey it could be anywhere.

Thanks for starting this thread Kelli. I am very interested in Detroit too. I found this interesting article that gives more specific information about businesses that are coming in, etc. https://homevestorsfranchise.com/blog/midwest/2019...

I do think a visit there would be helpful before money starts leaving your pocket. If you could meet with a realtor and spend a day on the ground it would put some mental pictures to the names of neighborhoods.

I live in the San Francisco Bay area and people used to shy away from Oakland. Some of the same neighborhoods that were shunned are worth a lot now.

I am interested in seeing what you come up with!