Or how long would you donate funds to your neighbor just to prevent your neighbor from breaking into your home and taking what he pleases?

A checkmate would be great, but I think property taxes, surprise expenses and the unknown tenant prevent that.

Originally posted by Ben Hughes:You can still make money with 4.46% so I will continue to buy.Ben Hughes Is there a point where you think it will prevent you from making money?

Yes, you need to have a few buyers lined up before you go start generating leads, and yes, you should know what your buyers want.But, in general, there is a profile for the motivated seller that we are searching for:1) Urgency - they want to sell fast for some reason2) Property Condition - there are repairs that are preventing them from selling quickly on the retail market (MLS)3) Price Range - most of your buyers will be looking for homes within a specific price range.4) Equity - they have at least 50% equity; without that, they are *not going to be able to accept a typical investor offer.

I'll have tenants pay water and garbage (both lienable utilities), but I am notified if (as soon as) they are not paid in order to prevent a lien.

Said sum shall bear interest at the rate of eighteen percent (18%) from such time until paid.g)The terms of this Agreement may be renegotiated by mutual agreement by both parties.NOTE: Paragraph (g) was added a few years ago to prevent triggering a possible sale consideration by the IRS.

Liens can be paid when the house is sold and don't normally prevent a sale.

How will you prevent theft?

I don't think they are necessarily a bad thing, but to prevent that, you'd want to write a very narrow set of Declarations for the HOA.

My goal is to get enough rental properties with passive income that will prevent me from working a 9-5 when I retire.