Derek Guyer's (landchasers) Blog

Stay the heck out of Sacramento, California. Wow.I thought we were in bad shape here in Indianapolis when our foreclosure rates placed us #1 in the country, but even then we weren’t experiencing anything like that of what the poor home owners of Sacramento are suffering right now. Their home pric...

Imagine with me.You’ve just purchased your first investment property. You ran the numbers until you could no longer feel anything from the finger you were using to push the keys on the calculator. It felt monotonous, but you felt good that you had done your homework.You finished the rehab and the...

No, it’s not my listing and no, it’s not a joke. Even better, you don’t have to wear a bullet proof vest to go see it. It’s in a nice area on the Northwest side of Indianapolis.But to me, that’s nothing. We see that kind of thing here in Indiana all of the time. And after my last post about the $...

The asking price was $42,500 and the place looked great. It was bank-owned, but it was obvious the previous investor, who had lost the property, had the updated the carpet, kitchens, and bathrooms, and freshly painted most of the interior.It was a duplex and had what appeared to be loads of poten...

Not the Colts, the cold. We’ve had thirteen straight days of below freezing temps and still haven't hit twenty degrees this week. I wanted to go celebrate the Colts victory at the parade downtown on Monday after the Super Bowl and couldn’t stay because bringing my 10 month old son out into the se...