April 18, 2006Hmmmmm"First, let me make it very clear, poor people aren't necessarily killers.

I won't typically buy farther than 4 blocks from campus unless it's a killer deal.

I figure if I could find a killer deal that maybe it would be worth it to pay an extra couple thousand and start now instead of later while still realizing what Jon says; of knowing if you can make it work or not at the worst situation.

I've selected 3 killer areas in my career where appreciation was gigantic.

The expense is a killer.

But Black mold is the killer that was mentioned in this post.

End of story.If you want a broker to do it for you, and they bringa buyer to the table and close...6% to them.3% for the seller (you) and 3% for the buyer.If the buyer was brought to them by a buyer's agent,then of course that 3% will go to THAT broker.If you are on the road to financial prosperity, know thatjealousy is a real killer of success.

Due to your age, the bank may b e reluctant to lend you the money w/o a co signer unless you have a killer deal.

qualifier to last post:factors that impact rei strategies:EXPERIENCE - this involves having advanced knowledge of rei - being able to look at something and KNOW it's a gem, realizing that even at or below break even for a year or two, a certain investment is a great opportunity regardless and this of course, depends on the next factor.CASH (OPERATING FUNDS, DOWN PAYMENT, BUYING ALL CASH, ETC.)Individuals, partnerships, Corporations etc, that have the means to close in 48 to 72 hours, or have enough funds to take on a negative cash flowing investment for an indefinite period of time - again, knowing it's a killer investment opportunity.

This will limit your exposure to vacancy losses, which are the BIGGEST killer when it comes to rentals.