Bill Gulley,holy cow!

Is this Reader's Digest, just anyone at all can get a book out on this site?

I have been away from BP for a couple of days so its going to take me a little bit to digest all of this but I'm sure I will be back with some follow up questions.

Whereas an apartment complex can almost always find profitable rents, i.e. low end once it is older, there is a minimum standard of care (and expense) associated with these facilities, and hence the fees necessary for profitability may be beyond the means of the target customers.I have lend on a few of these facilities, and rather than cash cows the owners tend to work long hours at low pay but do so out of a need of social responsibility.

I can see it being a cash cow for rent.

It was 1962 & my father had some old properties down by Port Adelaide SA that we collected rent from weekly.The old bathrooms were on the outside back wall with an access door to the back yard because the external hot water units used wood to heat the water for the shower etc.The tenants had a cow in the bathroom & were milking it!!!

Get the entire tax digest on one CD.

As you can see, that doesn't leave us much wiggle room, and it doesn't cash flow, but at least equity is being built.My little place in the neighborhood of City Heights close to downtown San Diego has been our cash cow.

BiggerPockets is easily the most comprehensive and easy-to-digest source of real estate investment information available on the web or otherwise.

Holy Cow!!!!!!!