-R

BRRRR is often used as a rental income building strategy… I’m wondering, why couldn’t another R be added to adapt it for flipping?

@Bill R.

in fact i feel so uneasy about the oil and gas situation here that i have built up over a $6m portfolio in r/e in los angeles instead of houston while renting an apartment in houston...i only recently bought a small house here and a duplex... all in my exposure in terms of real estate is less than 300k out of 6m.i really do wish you all the best and hope you get it sold at a great price and hope that i am dead wrong about this city for my own selfish reasons  but i absolutely dont think the luxury market has legs in this city without some pain first.

Gabriel R.

@Jesse R.

I am not exactly sure how to thank you all in the same response ( @Marc M, @ Steve Mallow, @Matt R, @Brent McCurdy & @Elizabeth Colegrove )It have been a few weeks since I purchased this 9 unit building.

"Your" assets need to be kept distant both from you(r personal possessions) and from each other to minimize losses in the event of a successful lawsuit.

If you want read a real eye-opening book about being a landlord in Massachusetts, read "Legal Tactics: Tenants Rights in Massachusetts" by Annette R.

Part of the article from windermere.com dated March 26, 2015:"Senators Dean Heller (R-Nev) and Debbie Stabenow (D-Mich) have introduced a bipartisan bill that would extend the Mortgage Forgiveness Debt Relief Act through 2015 and all of 2016.