
3 May 2014 | 80 replies
full time for 2 or 3 years now...i don't have much living expenses, so after my first flip where i made a subtantial amount of money, i decided t do it full time...i have enough rentals and apartments to keep me eating and surviving between flips :)

15 December 2011 | 5 replies
WHATEVER to pay their bills.Even if they move out as long as they paid me and couldn't pay utilities and run out of money at least I got mine.Let the utility companies eat their bills.When collecting the people only have so much money.

6 February 2012 | 8 replies
Learn the 50% rule... essentially says long terms all your expenses short of direct debt servicing will eat up 50% of the optimal GOI on a rental.Then learn about Cash on Cash.

26 January 2012 | 21 replies
That says that over the long term and for a number of properties, expenses (you've listed some of those), vacancy (not included in your calculations) and capital (also not included) will eat up 50% of the scheduled rents.

31 January 2012 | 34 replies
The outlined it as getting your cake and eating it too.

12 February 2012 | 32 replies
Condos have a couple negative aspects. 1st, the condo fees, which will never go down, eat into your monthly cash-flow.

11 April 2013 | 4 replies
Typically, you can't resell quickly, so holding costs can potentially eat up any profit you would otherwise make.

15 May 2012 | 15 replies
If I can't find one, I'll just eat the taxes and save my money for another downturn and buy up real estate again during that time.

18 September 2012 | 17 replies
Don't be surprised if they eat the paper from your drywall.

16 July 2016 | 10 replies
Bryan, it sounds like you want to have your cake and eat it too.If this were possible --- and I am not saying it is or is not possible --- my guess is that a lender would say that the monthly rent payments that you collect could stop anytime and thus making a loan with that stream of payments is extremely risky.