[kylermriceParticipant@kylermriceJoin Date: 2011Post Count: 314]

July 19, 2012 - 7:17 am

Lets keep the pressure on Atlanta and keep those prices rising… The US companies are doing it in a big way now.

Fine by me, i like not having competition in the markets i invest in. 

[kylermriceParticipant@kylermriceJoin Date: 2011Post Count: 314]

July 19, 2012 - 7:15 am

Why would this be a good deal?  I agree it looks nice, but i'm not keen on ATL
Why would it be a bad deal? Just to much for it, for that type of money you could get something in Florida on the water, way more room for appreciation.
What is good about the area?
What is bad about it?
Any other discussion points where you can show off your knowledge ?  I leave the showing off to Jay, LOL

all questions answered if i was looking to buy it myself. 

[kylermriceParticipant@kylermriceJoin Date: 2011Post Count: 314]

July 19, 2012 - 7:01 am

Just back from mandatory 24 hour beach trip…. God that ocean and white white sand of the Gulf makes up for slogging it ATL style..!

When i used to live in Florida, would see my neighbor on the way to work and the normal greeting would be.  How are you today?  Normal reply was, another day in paradise.  Yes it was, how i miss it…  Can't beat those white sand beaches in Panama city, Destin, Pensacola area.

I'm looking forward to seeing the great barrier reef when i go to OZ this fall. 

[kylermriceParticipant@kylermriceJoin Date: 2011Post Count: 314]

July 19, 2012 - 6:51 am

Met with the big wigs from the main Charlotte meeting they are charging $3k a person – 10 people at a time and giving them 24 hrs worth of know how. Then helping them from A _ Z with the deals and getting 50 % of the profit.

All i can say is WOW

[kylermriceParticipant@kylermriceJoin Date: 2011Post Count: 314]

July 19, 2012 - 6:50 am

I have a handyman on staff and a contractor is somebody i use when i'm stretched thin and don't have any other options, lol

[kylermriceParticipant@kylermriceJoin Date: 2011Post Count: 314]

July 19, 2012 - 6:47 am

http://www.habitat.org/restores/default.aspx

this is a great option i use for my rentals, i like to be as green as much as possible.  

[kylermriceParticipant@kylermriceJoin Date: 2011Post Count: 314]

July 15, 2012 - 11:42 pm

Nah, i wasn't really serious, just saw an article about how Wells Fargo was going to try and get into rentals, lol.  They are coming up with new ways to better handle there inventory problems.  Have to get creative after you just dump so many properties that where bundled and sold off,  gov can't save the banks forever.  The politics is what really caused this whole problem, i don't think to many Aussies understand that aspect.

I'm surprised more hedge fund types didn't jump on this quicker, but it's easier cost wise to bundle this time around i guess.

Working with a hedge fund would be to much headache.  I would do it on a consulting basis and still do my own thing.

   

[kylermriceParticipant@kylermriceJoin Date: 2011Post Count: 314]

July 14, 2012 - 9:21 pm

I just don't think the big banks will be able to really cut it as landlords… 

[kylermriceParticipant@kylermriceJoin Date: 2011Post Count: 314]

July 14, 2012 - 6:59 pm

Banks aren't trying to take anymore losses than they have to, they have dug there heels in and are trying to slow the bleeding. 

[kylermriceParticipant@kylermriceJoin Date: 2011Post Count: 314]

July 14, 2012 - 4:38 am

I find this a more honest take on the market

http://www.forbes.com/sites/afontevecchia/2012/06/26/10-million-underwater-mortgages-and-shadow-inventory-worth-246b-mean-housing-trouble/

[kylermriceParticipant@kylermriceJoin Date: 2011Post Count: 314]

July 14, 2012 - 4:31 am

There is still the shadow inventory, the banks will have to do something with them after the robo signing scandal.  I'm starting to see a trickle of new properties i hadn't since since 2009.  I agree with Freckle, we are far from out of the weeds, there are to many problems with our government and debt before things will be right again. 

[kylermriceParticipant@kylermriceJoin Date: 2011Post Count: 314]

July 13, 2012 - 7:38 pm

@ Alex,

You letting the young guys get you with the neck cranks?

[kylermriceParticipant@kylermriceJoin Date: 2011Post Count: 314]

July 10, 2012 - 9:52 pm

lol, a neck brace?

[kylermriceParticipant@kylermriceJoin Date: 2011Post Count: 314]

July 9, 2012 - 7:39 am

Really got me thinking, land, have utilities put in and pick them up on an average of 10,000.  Hmmm… haven't thought of what the cost is to move a mobile home though. 

[kylermriceParticipant@kylermriceJoin Date: 2011Post Count: 314]

July 7, 2012 - 6:01 am

There are better places to invest

[kylermriceParticipant@kylermriceJoin Date: 2011Post Count: 314]

July 6, 2012 - 8:39 pm

I have a USAA account where i can deposit checks at the UPS store with my debit card, no limit on size of yet.  I just deposited one for 25,000 from a sale the other day.  Posted to my account as soon as it was done.  You have to shop for a better community bank that will value you as a customer. 

I agree with Jay, that sounds like banking hell

[kylermriceParticipant@kylermriceJoin Date: 2011Post Count: 314]

July 3, 2012 - 6:11 am

I was confused, I'm on the up and up, on what she meant now.

Looked at one the other day for 1,500 dollars, lot fees killed any chance of cash flow.

[kylermriceParticipant@kylermriceJoin Date: 2011Post Count: 314]

July 3, 2012 - 3:40 am

Oh, I am  

http://kansascity.craigslist.org/for/3101681079.html

I can set anybody up with some vendor financing on this beauty right here, lol.

You give 20 down and we can set up payments for the other thirty, it appraises for 60 i swear!

[kylermriceParticipant@kylermriceJoin Date: 2011Post Count: 314]

July 3, 2012 - 12:46 am

Who's  offering modular homes in Kansas City?

[kylermriceParticipant@kylermriceJoin Date: 2011Post Count: 314]

June 30, 2012 - 4:15 am

Blame it on Detroit as much as you can, but so far is the best area cash-flow wise and rent vacancy; full of renters, while in some other "glorious" locations the number or rehabbed properties secured by investors are exceeding the number of potential tenants.

Nah, that statement was ridiculous.

But so far is the best area cash-flow wise

Compared to what?

You post a general story from Yahoo and you can wow somebody not from the states.  Your general comments aren't cutting it.  I still can't get over the statement you made earlier.