If anyone is looking to network or co-invest in the Albuquerque area, feel free to DM me.

I gave him some ideas of how to purchase some properties under market value, and then get them fixed up and force equity that way, but he told me that he would rather just provide the capital and have me run the projects.

Good luck, let me know how I can help!

My permits are ready for pick up and it’s been 13 months since giving 5 percent deposit.

Stock market to me needs to revert by 50%.  

End of that relationship came when owner called us and expected us to go pick up their guy, who's truck broke down, and drive him to the house - and didn't want to pay us anything for this!

Most who sign up for a guru's program become captive to it.

If I under insured a property and it burned down, I am certain nobody in CA will pay the gap for me.

And at the end of the day it's not up to me to fight the windmills and the way real world works.

. - Taxes are on the higher side at $6,000 yearMy Numbers: $115,000 putting 20% of my money $23,000 and finance the rest with total expense of $1,834Monthly expense numbers: Future Maintenance 13% $273 - Vacancy 5% $105 - Property Insurance 5% $105 - Property Taxes 23% $500 - Property management 10% $215 - Office/Travel/Legal 4% $84 - Mortgage 26% $552 - Monthly Cash Flow - $316 per month or $3,792 per year so Cash on Cash = 17%I think this looks like it is a deal worth doing and I also believe I can bump the total rent up by $50 each tenant which I think make it even better.