Hi everyone, just took a look at a property that had a lot of work done to it (Sheet rocking & electrical) and then apparently they had money problems and the bank took over the property. The REO guy who showed us...

On a yearly scale the property GOI would be around 63kminus 18336 for mortgage and 12000 for operating expenses and 6000 for unexpected expenses puts our NOI @ around 27k per year. 2 more units are also available through different banks in the same complex so we have a chance to obtain 4 units.

Pertaining to an apt complex in Mi back in 2001.

Ultimately I would like to have rental properties such as apartment complexes, and multi and single family homes.

I need cash for some large downpayents on a Mobile Home Park.I do know one guy that bought a 36 unit apt complex subject 2.

hello my name is stephen j. moore ,im from lake charles louisiana,im new to real estate ,i have read quite a few books,with don peebles,jorge perez,and donald trump being my best books i have read so far,i will be getting some wholesaling started down here in lake charles louisiana ,here right out market dont have too mnay foreclosures like in other places.im looking to newtowrk with anyone who wants to show me the ropes,and looking for a few mentors as well,im starting wholesalign so i can build up cash reserves,so i can eventually get into acquiring apartment complexes,shopping strip malls,developing,and skyscrapers,im open to any conversation and willinging to learn any and everythign that i can

(if you have to get it permitted, there may be other things necessary to bring the electrical up to code).The labor will be about 4-10 hours, again depending on the complexity and what exactly needs to be done.

The complex is in a not so busy area, not unlike downtown los angeles.

No looking in another persons window like I would have if I was on the other side of the complex!

Attorneys get paid by the word, the more complex something is the better they like it.