They sometimes forget about their own suggestions (escrow account) and when you have one with $20k in it, they look very favorable upon your ‘cash on hand’ and business-savvy practices not realizing that it is all current assets by GAAP standards; meaning you will expend it all in less than 12 months when the tax bills and insurance bills come in the mail.There is much more….

However, once your LLC has been established for a while and has been generating income, essentially, you will be able to use this LLC to borrow more money and buy more property in order to expend your empire.

Will your lot size accommodate a larger dwelling and will the neighborhood surrounding your home support the higher value that you expend?

There is quite a lot of money expended out for things like water, taxes, insurance, repairs, overhead, upkeep, mortgage, etc. that all comes out of the monthly rents.

I guys, let me introduce my self, my name is Yair Saragosti, for the last few year we are running a small business which buys and sells lands in Poland (currently we are thinking to expend to Bulgaria too, as it suppose to join the EU and prices there are very low).

I worked an enjoyable job while going to school, but soon learned the harsh reality of how it sucks being a perfectly expendable employee.

And of course my first goal with RE investing is to work for myself and stop making someone else wealthy, I would much rather expend that energy making MYSELF wealthy!

I won't buy my own home, I only rent (until I have enough expendable cash to just play with).

They are designed for those expending more than they are taking in.

How much time (er, $) is it worth expending now to maybe get something back.More important is learning from this and not making the same mistake again as already mentioned.Checking all sink and tub drains is a common inspection item.