Does this make anyone as angry as it makes me?

[Frank Oudheusden]

I subscribe to some personal finance blogs to try and learn new tricks and tips for squeezing as much water from my paycheck rock as possible.

This morning I received an e-mail subscription for this blog and low and behold its about real estate investing a 4-plex. The fundamentals in this purchase were missing and unfortunately I think it's cash flow negative.

I wrote a nice blog response using the numbers and explaining items he could do to reach cash flow neutral (splitting the utilities, advertising on craigslist, reviewing his property management contract, etc) and my post (and 40 min of my time) were deleted.

I have a polite e-mail submitted to the author for discussion but we'll see what comes of it. I guess he just likes the victim responses he's getting on this post. Someone is discussing having 7 rentals that made them $5k in a year (combined) before mortgages! How property managers are high-way robbers that made twice as much as them last year! How they just get fed up with the constant repairs and bills of owning money pits!

ugh so much education needed.

http://retireby40.org/2013/10/pondering-exit-rental-properties/