Just gotta figure out if you have the energy/time to deal with potential tenant issues/money you're willing to pay for management.I have a rental in the hood, and it's wonderful because we made it so and designed the place to attract the right tenant.

But when you consider how far along a foreclosure that an asset is, that will also make it more attractive.  

Hello Everyone my name is Mike and I just started reading BP a couple of weeks ago.I have been just browsing for a while and finally decided to introduce myself.Currently I live in NY but I am looking at the rental properties for sale Irvington NJ area since the prices look very attractive.

Hello Everyone my name is Mike and I just started reading BP a couple of weeks ago.I have been just browsing for a while and finally decided to introduce myself.Currently I live in NY but I am looking at the rental properties for sale Irvington NJ area since the prices look very attractive.

I'm stating the goal now that we'll come up with a plan for reducing our debt-to-income ratio (mortgages are our ONLY debt, period) and stay attractive to boring old conventional lenders. 

The way I see it, there are 3 main ways to look at an income-producing property as an asset: 1. you could count the amount of income it's producing as the value of the asset, 2. you could count the amount of equity you have in the property as the value of the asset, or 3. you could count the fair market value of the property as the value of the asset.

Set your signature up to attract investors, if they are interested in buying or selling and see your posts they will contact you.

Houses, store fronts, even warehouses are being aggressively purchased, renovated then sold to a younger, higher income producing demographic.

With the returns you can produce off of a great deal you can offer returns to investors that would normally take them years to realize in more conventional investment accounts where their money is sitting. last resort should be hard money lenders.

I am fortunate to have a great job in Finance in Boston, so I am looking for buy-and-hold situations that will attract relatively low maintenance tenants.I have listened to half of the podcasts and have been reading everything that I can get my hands on.