POSTED THIS BEFORE AND VERY OLD INFO BUT A GOOD STEP THROUGH….In Atlanta you just have to add termites to the equation……Version:1.0 StartHTML:0000000149 EndHTML:0000014617 StartFragment:0000000199 EndFragment:0000014583 StartSelection:0000000199 EndSelection:0000014583 This is an update as to the auction procedures having now sat down…[Read more]

Alex… Yep here at end June but seriously Vegas break for 4th…. I am a pyromaniac from waaaaaay back and Pahrump beckons! I LOVE MORTARS!!!l. The best thing other than right on red is the legal capacity to blow oneself up in fireworks in the desert sky!!

LMAO….. aaah, yes, we have them all – only a mother could love (okay, being sexist….a father could love too)…..I will stick to my move in ready 15k no HOA townhomes that will rent for $700 a month in ATL…….heck, actually, was just extolling my old dry cabins (no water or electricity) in Alaska that rent for $500 a month to hippie Uni…[Read more]

Alex – you are missing the point – I am talking about the Aussies out there that AREN'T licensed agents who charge say $4k – $5k to source the property but THEN charge the additional first month's rent…..SOOOOOOO – you just have to be aware – you buy the property + you repair the property (separate company)  + you rent the property (separate…[Read more]

Oh sorry……..I should have specified… you wont find us but it sounds like Alanis could do with a bit of help.. When i set this up i knew property management can be disastrous…. And as Aussies we just need more! I always equate it to how comfortable an American would be with looking for a Russian bride over the Internet and what their…[Read more]

lol…….a 10k house needing work?? Not move in ready???? Say it isn't so!

I am in Atlanta if that helps and will lend myself to the cause… As we only charge $115, $1500 to paint a house up to 2200 sq ft and 7% of gross rents for property management with no renewal or reletting fee, if you need someone on the ground I HATE PEOPLE BEING SCREWED HERE!!!If you paid over 8k for repairs and that didn't include an A/C – YOU…[Read more]

I think you will find it is all relative as to your experience and definition of "pro landlord". Atlanta sux no questions but Vegas…….aaaaaahhhhh, sigh… mmmm, I miss Vegas…. sad mobile homes are over 100k there…..lol..I suppose we should be happy that we will be raking it in on the upswing!

Oh Alex… you poor misguided soul – separated albeit by birth in mindset…. (laborious sigh audibly heard here)……. I buy my mocha cream at Lowe's like any other good human… and I get my $50 a bag for underlay and circumvent and yes my mocha is .63 a sq ft retail etc etc… so I am NOT dissing Lowe's, I am merely talking hard yakka here…[Read more]

Hey I can do limes and Tequila!  I also love sales pitches and can pull them to pieces sober or drunk so lets go with Cabos, AND a bus tour to whereever to look at BOTH timeshares and "exclusive" tours to fabulous properties where there is nothing but duress/pressure threaded into both – but at least if we are drunk, all the offers we write are…[Read more]

Yeah, I recommend going to the Timeshare Sales Spiels in Mexico as well – great beverages… oh, except that is duress! Ola!

Lol…. Yes, we know that … But it lends itself better to boom bust scenarios…. Fascinating to watch!

With you….Mine is successive 1031’s to an eventual OO property worth billions….Beach front …

Don’t know th answer but I suppose foreigners can’t do 1031’s then… ??

Yes… Jay – you point out some very very good points…..  I should have kept it specific to an NV discussion… WI – yes it IS amazing how quickly the market changes….. but we will all soon be on phase two and playing all the different nuances…. or sitting back and keeping the $$ rolling in..

Naughtyj…. ZERO question – in the US – no harm no foul on a primary residence… off you go, default away and 2-3 years later, with a bankruptcy AND a foreclosure you are right as rain to get a BRAND NEW FHA LOAN AT 4%!!! YAY!!!!In Oz… get real… no chance you can walk awayHowever, dear US investors PLEASE be aware that the start of this…[Read more]

I just wanted to add this somewhere and then read your entry Feckle and laughed my very little derriere off but this is apt…

Surplus… C@#$ No chance… sorry, when, as still semi Alaskan I read that the Alaska Permanent Fund is investing 400 mill into the foreclosed housing market, Warren B is advocate and they are bundling by the…[Read more]

I just wanted to add this somewhere and then read your entry Feckle and laughed my very little derriere off but this is apt…

Surplus… C@#$ No chance… sorry, when, as still semi Alaskan I read that the Alaska Permanent Fund is investing 400 mill into the foreclosed housing market, Warren B is advocate and they are bundling by the…[Read more]

Eyeball and stare them down at application with a "don't even THINK of being late a SECOND"…… then day 5, hour 1, minute 1 and you are DEFINITELY filing eviction. Gone are my days of being nice…. I drive a Chevy 2002 pick up truck – which has one headlight tied up with my personal pyjama cord, I wear mostly paint splattered clothes with just…[Read more]

Another good point is that FEMA would step in and there would be a declaration of fed emergency freeing up government money for support….. How people who are CONSTANTLY flooded out continually get their houses rebuilt or relocated as is wont in AK.

and for all of us Stateside it is lovely to hear reality……..there are others and it is absolutely true… This is a business and you do need to treat it as such….My personal goal was to teach everyone what I knew to avoid them being ripped off…. Again, back then it was an absolute case of the only options out there were short timers who…[Read more]

All the auction lists are available FOC from title agents…. Useless company to spend $$ on for that reason.