Johnny Dong a smart person would not pay that rent a year in advance.

Introduced myself as the new owner, to which she had a ding dong the witch is dead reaction.

It is also "risky" to do nothing an have your money sitting dong and earning nothing, that net result is a loss when you factor in the devaluation of the dollar over time.There is nothing wrong with being patient and finding the right deal, if the last one was not the fit, so be it, but don't let fear or some unknowns detour you from the goal, having your money work hard for you!

My plan was 18-24 months, so we are dong good.

Therefore, if the neighborhood calls for granite, new windows, and stainless appliances, then each and every rehabber should be dong those finishes, thus, the wholesaler should be capable of delivering the accurate costs of the rehab.

Trung Dong too.

Whoopy ding-dong.

Anyone with a decent line of credit and access to a realtor with half a brain could purchase a house and hire a bunch of ding dongs to rehab and sell it the last year.

You still have to do the hard math and calculate all of your cost.Principle & Interest + Property taxes + HOA dues + Insurance + Annual Maintenance + Property Mgt Fee + any other cost like PMI or Sewer bills = Cost to OwnThen subtract cost to own from 90% of monthly rental income, this allows for vacancy.Then you have your true net profit from the property.Even tho the house is new, you still need a maintenance fund to take care of items that wear out, like your roof in 20 years.And if your dong your own PM, you should still charge a PM fee unless your going to work for free.

Hi all,We REIs near Seoul,Korea met this Saturday in Itae Won.May be anyone intrested can join us.Any ways, it was a pleasure meeting all of you...John, Dan, Ben and myself.We are planning to meet up again in Oct.Anyways fyi guys...here is some pictures of Dong Tan, the town I live in and where I have some investment properties in.