I look at it more as icing on the cake when the time comes for me to divest. 

If you cake your business, make the statement that best allows you to achieve your desired outcome and ask yourself that question prior to every response you make.

Because I buy houses on Subto.The only thing I am really interested in is the mortgage payment I’m taking over.That’s why it’s called “Subject to existing financing”.If I can cover that with rental payments from the tenants I put in the property……and I ALWAYS do.It’s effectively free money.So I get to own a property without using any of my own money.AND……there’s no credit checks, no credentials needed, no tax returns to submit and no checking of my bank statements.It’s the dirty little secret behind why my property portfolio is growing as fast as it is.Because I can do deals like that all day long.Here’s what that means…I have a ton of properties that are appreciating in value…….that cost me ZERO dollars of my own.I have to pinch myself sometimes that it’s this good.And the icing on the cake…?

It's hard to say which is the icing and which one is the cake, cash flow or appreciation. 

Here's where it gets cool...Because we are mortgage free, all our cash is cake.

I thought it would be a piece of cake but I was way off.This was going to be my first really large mailer (large for me at least) - 6000 pieces in all broken into 2 3000 piece chunks. 

Then they jacked up the price to several hundred and they sold like hot cakes.

That the financial aspects also made zero sense was icing on the cake in terms of me deciding to leave.

With an economy partly cyclical (oil), if you get $100/barrel in a few years, you might find a booming local economy and houses like this selling like hot cakes--and you'd have inventory!

The insurance portion is just icing on the cake and a perk for the family after I pass.