Do you have a plan to increase the value and increase rents?

What should be asked to be seen prior to making a offer:rental agreementspast repair costsinsurance costslast rent increase (amount and date)?

He is sharing his philosophy, though sometimes it doesn't take my situation into consideration.

Yeah that was some fine work that you did (maybe you should start your owne rehabbing company that might work out real well for you, in consideration to your work!)

Ok,SO I have a freind that calls me and wants me to fly to Detroit to Invest..Here's the deal he has 20-30 properties that we can buy for 15K fix for another 30 KWe will be Rehabbed at 45KThese rent for $900The ARV is 90K for this market but resells are bland right now..Our take is to get 60% LTV BANK loan of 54K at 20 year AmWe will cash flow at about 150 a door per month on the 20 Year noteSo 30 of these we will get9K in pocket * 30 =270K36 K Networth Increase * 30 = $1180000 Millionaires150* 30 = 4500 a month cashflow!

Some other cities in FL will zone a specific area as being for weekly rentals so just about every home there will be on some sort os rental plan.The value of a property can be increased or destroyed if they change the zoning later.2.

Not only that, but as many of you may have read (or seen on yahoo main page) foreclosures on increasing even more!

I myself have been looking into using options b/c if the deal doesn't go through, then the consideration money stays w/ the seller and you go on to your next deal or extend the time.

We need a lender to help us increase the amount of properties we bid on.Wre looking for a lender who can provide loans to us to buy foreclosure properties at auction, and pre-foreclosures directly from sellers.

People would do a bad rehab, but with the housing market the way it was they would still make money because of the increase in housing costs.