@Stepping StoneI understand your theory completely.People who invested for capital gains got slaughtered in 2006, had their home values decline and started to feel the pressure of making repayments when the home was worth half.People who invested for cashflow, were still able to make repayments thanks to cashflow, these cashflow investors then had…[Read more]

@Catalystno solicitors fees as Missouri transactions are purely title companies. You can use an attorney at your own discretion.Closing costs are $780They make their money on the spread between what they purchased from the bank, plus add on the renovation cost, then they add their profit on top. Some australian brokers are said to then add the…[Read more]

This property is already rehabbed and tenanted Purchase 43,000 Taxes 652 Management 800 insurance 450 Rent 805 Net return 18.04% Other company had the purchase price at 45,000 and then they added 3,500 in finder fees on top of this price!!!!! Property was in Kansas City but just sold yesterday. As I am new to this forum I also want to see if…[Read more]

I'm new here. I just want to answer the question, I'm not buying "yet" because I'm really trying to look at properties, and basically looking for a reliable agent/company who will help me and will answer all my questions. I already have some properties and I've been talking to some people, but you know, this is a major decision that I should…[Read more]