Here's a few sample questions to ask yourself...1) Do I want to be a passive investor or an active investor2) If active, do I have the time, knowledge and resources to do so3) If not, how do I get them4) Real estate offers the potential for wealth accumulation and/or income.

Because of how much debt we have accumulated through our guru real estate package we’re very much hesitant on following or paying for other real estate advice.

Ultimately we would like to accumulate rental properties but also own a home of our own. 

The other is the seller having a smaller mortgage on the replacement property or properties.To begin with, for your original property, you have the original basis, consisting of the original price, land/building ratio, accumulated depreciation on the building and improvements.

@Mike McCarthy My reason for even considering cooktop is because It seems like they won’t be baking... which also means they don’t forget something in the oven (if there isn’t one) and it will be one less thing to have accumulating grease, dirt and possible pests.  

Hi All - I am a newbie in the learning / education accumulation phase.

UPDATE: Was able to get the tenants to sign a Confession of Judgment that they are aware of the back rent owed, they are aware of the late fees accumulated and they will prepay the last 6 months' of their rent either within 7 days after the settlement is finalized or the last day of 2018, whichever comes first.

Fortunately I currently have no debt, I think in the next 12-16 months I will be able to accumulate 40k including money I already have saved. 

I’d Improve it by maybe ten grand to get it decent and over time you can accumulate cash flow if you hold it long enough . it will usually rent well if it’s in a poor area .

Democrats accumulating more and more power in California as the demographics continue to shift wildly in their favor means rent control is absolutely inevitable in coastal areas of Southern California.