More to ponder.......

Think about what you can realistically do now to grow your savings and build credit, at what point you'd have enough to take the next step, preparation needed to get to the next step, and five and 10 year or longer goals.I'm currently in a holding a pattern this year, so you could say my current business plan is to read more real estate books, be active on BP forums, post my adventures and ponderings on my BP blog, do more maintenance inspections on our rentals, dream ad explore five and 10 year options, and work to reduce expensive tenant turnover.

Here is something I have been pondering!

What you really need to ponder is if you can handle the extra time and emotional energy the low income can zap - chasing rent, doing the same rehab over and over, not being able to go after damages.I would do Section 8 in a heartbeat, there are more incentives to do the right thing to keep or reinstate their vouchers.

As to the comments about leaving your job or doing what you want, let me just take a few moments (this will be longer than my usual posts) to ponder this with you.

I like flyers, becuase i rather would have a piece of paper to write notes on about the property with a picture of the property so I can easily remember which property is which, thats just me, but in this era of computers I still like paper to hold when im pondering and organizing.

I was just pondering this matter today, Do I fork out the cash or take the DIY route?

It just got me pondering it after reading a few threads about investors having a significant number of empty properties.

We are up to 30 units now, so even a $20 gift card plus travel and time OR shipping is $650 plus.Cards alone with stamps is not anywhere near as expensive, maybe $50 - but the time investment should be considered.We have been pondering the benefits of such actions, other than making us feel good.In line with the thinking of some others who have already posted - we spent almost $100k this year in upgrades to our properties: roofs, steps, porches, total rehabs, outside painting, new entry doors, new heating systems (9 units), new trash cans.

Here's something to ponder: Rent control.We've certainly already seen it in the socialist states.