It’s true that it’s harder to find properties that will cash flow once you move out in higher cost of living areas, but overall returns make that a moot point in my opinion because appreciation is also much higher in these better locations.

I can run the numbers for NOI-depreciation and this holds true, but not all of the operating expenses are deductible (or at least maintenance, vacancy and cap ex aren’t until that money is spent).

Hey man, great report, however the numbers look a little too good to be true.

My wife is a realtor here in Charlotte, and her passion for the business rekindled mine.

And I HATED doing books with passion!

That may be true, but don't make those decisions before sitting down with her as a family and showing her all of the properties, what they make, what their liabilities are, what their values are, and where they are.

If it sounds good to be true, it most likely is.

With a budget of $130k I would make sure that you still have at least 6 months of reserves after the purchase.I would also be careful in certain areas where the cash-flow looks too good to be true..

So, they should have cut yesterday by 100, and they should have cut in July, but they don't want to crash the Markets (their true masters-as they are appointed by politicians beholden to asset owning donors).

Is that true ?