Ward and his office helpers

InnoVest Resource Management's

Foreclosure Forum

Home

Discussion Board

"Hands-On" Training

Title Holding Trust

Speaking Schedule

Store

Foreclosure Codes

50 State Resource Data

Foreclosure Glossary

Foreclosure Statistics

60+ Yrs Interest Rates

Fillable Forms

Archived Articles

Dingbat Retirement Plan

Links

Contact / Map

Home

 

[ Follow Ups ] [ Post Followup ] [ The Forum Board ] [ FAQ ]

Re: No, just unconventional rentals..

Posted by Mike on July 02, 2003 at 12:42 AM

In Reply to: No, just unconventional rentals.. posted by Ward-CA- on July 02, 2003 at 8:47 AM

: : What is the legal name for the Dingbats in Ward's retirement article? I searched for 1 bed, 1 bath places and all I get are condos.

: =-=-=-=-=-=-=-=-=-=-=
: Mike,

: According to the most current Roget's Thesaurus, here's their understanding of what a Dingbat is:

: NOUN: Slang. A person regarded as strange, eccentric, or crazy: crackpot, crazy, eccentric, lunatic. Informal : crank, loon, loony. Slang : cuckoo, ding-a-ling, kook, nut, screwball, weirdie, weirdo.

: And I characterize my group of old, 1 bedroom/1 bath single family houses as unconventional, and thus DINGBATS!!

: We've got sixteen of them now. And it's very rare (averages about every 12 years) that we ever have a vacancy. Probably will top off at 20 of them.

: Just had one go vacant and rented it out (Section 8) for $1,095 per month. That's amazing when you figure that all I paid for it originally was about $35,000. Yes, it's been in my portfolio for maybe 15 years. But still, $1,095 per month, WOW!!


Dear Ward,

So how do you find these for sale? I looked in the MLS and in the paper and all of the 1 BD/ 1 Bh are Condos.

Are they considered single family homes? Townhomes?
Thank you.


Follow Ups:


Post a Followup:

Name    : 
E-Mail  : 
Subject : 
Comments: Optional Link URL: Link Title: Optional Image URL:


[ Follow Ups ] [ Post Followup ] [ The Forum Board ] [ FAQ ]

WWWAdmin 2.0a © 1997 Matt Wright and DBasics Software Company, All Rights Reserved

Information provided by this website is for informational purposes only and is not a substitute for professional advice. Please consult your investment advisor and/or attorney before entering into any transaction.

Copyright © 1997-2003, InnoVest Resource Management
http://www.foreclosureforum.com

InnoVest Resource Management, 4569-A Mission Gorge Place, San Diego CA 92120-4112
(619) 283-5444, Fax (619) 283-5455

[an error occurred while processing this directive]