I went to a friends studio so I could have all the gear the guys wanted.. they were easy to talk to . and really nothing earth shattering just my life history  .. and if folks thinks that's interesting well I guess I am flattered to the extreme My mom inherited 40 acres of pine woods near the Ozarks in AR.

That is reflected on the Pro Forma below.2314-2316 Blackwood RdLittle Rock, AR 72207Great area North of UAMSPercentagePercentageSales price$105,000.00asking price 140,000Down payment$21,000.0020%0.2Loan$84,000.00Interest rate5%Term20Closing costs$2,579.85%2.4570.02457Rehab costs10,000RENTSmonthlyannuallyUnit amountannuallytotal monthly rent incomeUnits 2 beds$750.00$9,000.002$18,000.00$1,500.00low end of estimated rent from local property manager$0.00$0.00$0.00Effective gross income$750.002$18,000.00$1,500.00EXPENSESmonthlyanuallypercentagepercentageTaxes$122.50$1,470.001.40%0.014derived from tax records, seems high but trying to use a conservative estimate.Property Ins$77.26$927.12$38.63per doorQuote from Mcghee insuranceMaintanance$120.00$1,440.008%0.08Property Management$150.00$1,800.0010%0.1HOA$0.00$0.00Utilities garbage, water$0.00$0.00$0.00per doorMortgage payment$557.74$6,692.88using 5.3% amortorized over 20 years.Vacancy$120.00$1,440.008%0.08TOTAL EXPENSES$1,147.50$13,770.00Costs up front$33,579.85Expenses$13,770.00Rents$18,000.00Cash Flow anually$4,230.0012.60% Cash on cash returnSo know we are 10 months out from this initial purchase and we have learned a ton.The good: -Property is fully rented at our projected rent and monthly expenses are in line with projections except:--Property taxes are a bit higher because in Arkansas the county does an independent assessment and does not use purchase price.

She is supporting us and our daughter that is in her 3rd year at the University of Arkansas without making any long term debt.  

I have a daughter at University of Arkansas and another living with me as a junior in high school.  

Check Propana, Modus Matrix, AR House.

http://www.msn.com/en-us/money/companies/barry-dillers-company-to-buy-angies-list-in-dollar500-million-deal/ar-BBAB5WQ?

See this about PopMoney.com.http://www.scamorg.com/popmoney-46 I used this service for Y E A Rs w/o problems for me or my tenants.Reviews like these are much like what we find on YELP - - all the complainers. 

Hi all,Noobie in Arkansas here.

I am currently living in Arkansas and about to close on a house which will be my primary residence. 

My sister has a home in Camden, Arkansas where she lived and relocated home to Wisconsin.