REI is my game

I was on the rich Dad site to check a seminar date and found this site.This is like a slice of heaven.A positive place for motivated wealth thinkers!I am from just outside Hershey Pa.Yes you can smell the chocolate cooking in town. My wife and I are real estate investors. We bought 7 properties our 1st year.Then the market took the turn... I was just about to blanket mortgage all the properties into a nice tidy 20 year note and boom.Nobody wants to deal with the sub-prime. I am ready to go private funding for the blanket and would also like to invest in commercial. There are so many great deals sitting here in our area! I can't wait to move on some of them. I am in contact with a few people here, but if anyone is interested feel free to drop me an e-mail.
I am always looking for motivated , positive people to learn from. Also if I can help out please let me know...
Sincerely,
M&T...

Welcome! Yet another RE investor here.

Welcome M & T, My father just moved from outside harrisburg (5 mins from hershey) down to Dillsburg, a little closer to me. Its good to have you hear im sure all the REI people would like to hear about your deals.

LightHouse,
We are practicaly neighbors.
Thanks all, it is good to be here.
M&T...

Well you and My father! My home is in Northern VA. Loudoun County.

M&T,

What do properties go for where you're from?

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Well, it all depends on the area. If I go 5 min. West to Hershey the prices are high end. If I go 20 min East to Lebanon they are much cheaper. The prices break down like this: A 2 unit in great shape $90,000- $150,000
2 unit that needs lots of work $45,000-$75,000
4unit great shape $175,000-$275,000
4 unit that needs a lot of work $75,000-$140,000
There are a lot of bigger commercial units sitting . There have been a few that have sat for three years on the market. One is a 12 unit they wanted $320,000 for. Mostly one and two bedrooms. It hasn't moved, needs some tlc and I know it came down in price.There is also a beautiful 6 unit built in 2002 for $350,000 and it' been on the market for 2 years. But there is an intersection in the city where 3 out of the 4 properties are for sale.One is a big commercial 1st floor and 24 units other 2 floors. Not sure on the price it has been up for a few years.
Lots of stuff out there. the biggers one's have been sitting here.
M&T...
P.S. Strip malls too....

M&T,

Greetings from Palmyra. Good to have you on board. Are your props in hershey, or do you have them spread out?

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Thank you for joining and the write-up!

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Kurt,
They are spread out. Are you in the area?