Been slowly adding in a mix of lots that will be nice to build on when new construction is cheaper than buying and rehabbing.  Hopefully all my rentals can fund a couple new construction properties each year on these lots i have been getting.  Trying to get some in really desirable areas.

If i can pull it off myself, i won't try to tap the bank if i don't have to.  Try to stick to having the least amount of debt that i can.  I would take out for buying an island and lvg my houses, lol.  That's something i would roll the dice on and get a loan

I'll take LA and Miami over New York.  No desire to touch Japan now  with all that radiation fallout.  I'm sorry, but they always dumb down how bad it is.  My fiances brother had to have tumors removed from his leg when they lived in Germany and they suspect it was from Chernobyl

We have been working with ideas containing wording relating to paying off beginning capital in X amount of years with clauses pertaining to buying back or selling of said asset.  New stuff for me, but interesting and something i will be researching for while. 

My low end high risk gets me returns from 35 to 50 percent, even with a tenant tearing up the place and a couple months of no rent they then dip to 20 percent.  It's worth the heartache when you still can make that type of money.  If it wasn't for these type of investments i wouldn't be able to buy my A class with cash.

I had a property that was a nightmare last year and after three tenants and multiple repairs it still did decent at 10 percent.  My newest tenants are a older working couple that pay rent on time every month and love the house.  This type of tenant will stay for years when they find a house they like. 

I agree Jay, having a certain amount of doors is the way to be able to average out your return to make this investment work.  I would never have anybody buy this type of investment if they didn't have stomach or already have more stable properties to support <moderator: delete language> that can happen.

Lots of guys trying to guarantee rent but thats getting shut down by the US government for security violations.

Was talking to my attorney about it last week, just another new thing to deal with, lol.

It's not that hard, just had a friend  do it the other day when he came to the states.

@ Mihova

the link above got deleted, admin must have not liked all the advertising

One question I had to answer on my visit was.. how long did I think it would take for property values to begin appreciating. Even after looking at close to 50 properties across the market spectrum I still have no idea. All I can say is that in my opinion an investment in the market at this stage is a cash-flow play.

I gave up on trying to figure that one out after 2010.  They have in my area about 5,000 to 10,000 and at least 30,000 in the markets I used to buy in FL.  The cash flow is the best part, that's all I'm counting on and anything else is a bonus. 

Alex, I don't think you or Jay stuck to the subject of the thread and with me saying stay away from the Memphis COMPANY!!!  I don't always have time to write long reply's like you and Jay.  I was just trying to back up Jeremy.

I could re post, but already did it for Jay.

Who is to say which market is better then another.

I didn't say anything other than one thing about the subject and i get a tyrade, lol.  Come on man.

If you think you can do it in most markets, that's your opinion.  I wouldn't touch Memphis, any Ohio city, St. Louis, Detroit, DC, or Baltimore.  That's my opinion.  Not all ghettos are the same, I'd like to hear a success story from East St. Louis, Detroit, not hearing much good stories from there for a reason.  If a city is dieing or the area is just that crime ridden it isn't going to work.  Why would you invest in Ohio when it was industrial driven and those jobs aren't coming back. 

If i could be doing what i do in Kansas City in other markets i would be, but the grass isn't always greener on the other side.  I prefer to just stay here and water my grass.  I am in two markets for a reason, I'm picky.  Why would i go to Atlanta to pickup something i could get in Kansas City for cheaper and that was worth more before the GFC.

man do not knock any markets here in the USA they all have good and bad areas.

Lol, really…  From that one statement i was knocking

I stick by my guns and Memphis is a crappy town, you guys can have it.

STAY AWAY FROM MEMPHIS!!!!!!!

That's what i thought, they had a representative contact my business partner about buying up some of our inventory.