I use First American Heritage, and they have an online tool that lets you look at comps.Zillow is actually useful in this context.

If you have that much content then you need to be putting them on your blog, social media sites, squidoo and hugpages.Don't just publish them all on article sites.

Make sure you've got their Social Security number, and a clause in your lease that mentions "liquidated damages", which is legalese for, "we both agree that the refrigerator is worth $3,000, etc".

. ($350)One is on social security and is disabled – other pays rent cashiers check ($275)Unit mix 2 x 2 bd/ 1 bth Here are the numbers:Price $26,000 (they will only accept cash) I can come up with about 10k in cash but would have to take a personal loan to cover the restGross Rent: $7,500 (100% occupancy consistently)Expenses –A) $1975 (owners claims with property mgt included)OR –B) $3000 (if I assume a 40% of rents =expenses) NOI:$5,525 (if use A expenses)OR$4.500 (if use B expenses)Even if I was to 100% LTV at a $26K price at approx 7.5% Annual Debt Service would be: $2340So Annual positive Cash Flow would be: $3185 (if expenses A – owner claims) (or $265 a month)OR $2160 (if expenses B – using 40% of gross rents) (or $180 a month)Repairs known (before property inspection) needs new exterior and interior paint (additional $1,500), Roof is approximately 10 years old The money seems small but consistentDuplex Located in Buffalo, New York There have been a lot of foreclosures in that area – some I can tell were investorsOn the plus side, these tenants don’t seem like they are going any where soon.

May also have to pay SET (self employment tax) which is basically both halves of the social security and medicare tax, about 15%.

The current situation is that profits are privatized , but losses are socialized (as Wheatle indicated).

News broke early this morning that the FDIC took over 1st National Bank of Nevada and First Heritage Bank, closing 28 branches.

Also trying to find a balance between the new job, investing and my social life (the social life has been taking up a lot of time this summer; beach house with some friends)

We all fight for the attention of potential buyers, cold call and constantly prospect.I have spent months pouring through hundreds of real esate forums, blogs, and social networks.

Then I realized that it could actually be pertinant information to people.Its some what of a local search engine/database/social networking site.