Hello everyone, Merry Christmas to everyone on BP!

Merry Christmas as well to all on BP.

One of the brokers at my old office did this and had a steady stream of investor clients That's a great idea, I have always wanted to play the game but never have, should've asked for it for Christmas lol 

sometimes its just nice to own a trophy property which basically describes the better areas of SD.of course you can refi till you die and use all those mathematics that of course on paper make sense.but what if U sell it try to buy in a market that gives you a little more return on paper ( which is generally low B to C class) and now your stuck in an asset that's tough to manage and can go without rent fairly often because the tenants are NOT SD tenants .   

Every Christmas she argues for rent reduction.

Yes, tenants will pay for vacations, cars, booze, smokes, and Christmas gifts with rent money and then expect you to wait 4 months while they play catch up.I had someone one time who made 6x the monthly rent, but their debt to income ratio was 45% and they had multiple late pays and several delinquent accounts.   

On top of that, many people take vacation between Christmas and New Years.  

Be sure to catch the Christmas lighting on the River Walk on Thanksgiving weekend.

Also, anybody who cant pay you a deposit without having to wait two weeks is going to be late on rent the first time their car breaks down or they have to buy Christmas presents or any other unexpected expense they haven't planned for. 

Christmas is over, find another way to rob the banks.