The 3rd unit has a gas unit.Maybe charge an extra amount on top of the rent to cover oil.

The interest is gone forever, so its a costs just like gas, insurance, and taxes.Jon

Property: 3,082 sq ft2 story, 5/2.5Built 2006-purchased 12/2006 for $375KOwe $355KPayment with T & I = $2500/monthLoan = 30 yr conv. fixed @ 5.6%Non-assumable, No prepayment penalty 16x 16 tile downstairs, carpet upstairs, gas heat, both gas and electric stove in kitchen, gas BBQ in backyard, 3 car garage with RV gate.Comps:$325-345 Sub2 because the loan is a good rate?

I picked up a HUD for 23K, put 6K into it, which was 2k over budget due to unforeseen things (front yard gas line leak and termite extermination) and it's currently rented at $600 per month.

It hasn't been two weeks since GWB was bragging about how strong the economy was, despite the $1.00+ per gallon gas tax implemented over the past 18 months.

How much do you want to pay for gas?

mother hire an inspector to inspector home before purchasing a foreclose from the bank. the inspector wrote on his report that he was not able to inspect heat and water system because they were turned off. my mother went ahead and purchase the home. now that the title is under her name, she now can call Nstar to turn on the water and heat system. after the heat and water was turned on, we noticed that room and hallway basement heater weren't working. also the heater system was leaking water and making notice. there was water pipe leaking as well. anything that has to do with water and gas is health hazard for this reason i ask is it suppose to be the bank who should be liable for all issues. i said because they did not turn on the water and heat system the time the inspector so he can inspect everything tortuous. and also for not telling my mother that the house is health risk. this kind of stuff can cause fireplease feedback is neededpleasei beg you all

You want to run your business like a business.If you have to collect a few checks in your personal name so be it but like Mike said, there are tax concerns.I'm not an accountant but that money will be taxed differently than if you received that money from your corporation AFTER expenses (stamps, paper,envelops, bandit signs, advertising, gas, business cards, seminars, etc.)are paid.Amerilawyer.com offers the benefit of reduced online pricing as well as legal counsel.

For your first deals, go with a cosmetic fixer needing cleaning, paint, new lighting fixtures, faucets, and appliances would probably be the extent of what you should try, (have flooring measured and installed by sub, and any gas appliances!)

Google earth and street view can tell you a lot about an area without actually having to hit the street.After doing some online research you would be well served to burn a tank or two of gas to get a true feel.