tiredofworkin
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- Joined
- Apr 28, 2008
- Messages
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I have gotten back into the rental market ( I hope) as I hope to find a good deal. I am a previous land lord of 10 years and did pretty well at it, then sold out at the top of the market, about 2 years ago.
So I have kinda started hunting the foreclosures and REO's, so far just about all are price at FMV if you add in repairs and rehabilitation.
I realize now you make the money on the buy not the "rent". So far in my area Johnson County, KS(KC),there has been so much apperciation I haven't found any deals.
I bet I have looked at 200 homes, below the $150k mark and of course haven't found ANYTHING that will cash flow.
I know you have to look for the needle in the hay stack. Anybody got any suggestions?
Are FSBO's better than MLS for finding a deal?
One broker has already given up on me, as he states I cannot find what I am looking for. Of course I am not giving up, despite what he says. I just got another Realtor.
I am frustrated though!
FEEDBACK PLEASE,
More importantly suggestions?
Thanks
Chas
So I have kinda started hunting the foreclosures and REO's, so far just about all are price at FMV if you add in repairs and rehabilitation.
I realize now you make the money on the buy not the "rent". So far in my area Johnson County, KS(KC),there has been so much apperciation I haven't found any deals.
I bet I have looked at 200 homes, below the $150k mark and of course haven't found ANYTHING that will cash flow.
I know you have to look for the needle in the hay stack. Anybody got any suggestions?
Are FSBO's better than MLS for finding a deal?
One broker has already given up on me, as he states I cannot find what I am looking for. Of course I am not giving up, despite what he says. I just got another Realtor.
I am frustrated though!
FEEDBACK PLEASE,
More importantly suggestions?
Thanks
Chas
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