
16 August 2017 | 45 replies
Anyways long story short I ended up getting it for $472500Here are the numbers:Master BR = saving $1200 a month in rent (+1200)BR # 2 = rented to a good friend for $1200 a monthBR # 3 = $900 a monthBR # 4 = game room to keep good friend happy (he has a full sized pump machine that takes sup most of the room, and garage access, hence his high rent).Mortgage was standard 30 year fixed but was only for $443k not the $472500, had to come up with the extra difference due to appraisal.$1666 mortgage + 300 HOA ( includes water which is major expense) + $150 other utilities I pay = $2150Property tax is cancelled out by all the tax savings from the mortgage interest basically.

3 November 2016 | 30 replies
I like to think of an example from the book "Influence: The Psychology of Persuasion" in which studies showed people were substantially more likely to let you cut them in line for a copying machine purely by using the word "because" in your request, even if the actual reason made no sense.

30 December 2015 | 1 reply
Seller Participation You may be able to acquire real estate with your future profits, and no time machine is necessary!

7 July 2010 | 6 replies
Using your stubby pencil - calculate gross income from all income sources - rents - laundry - soda machines, etc.

20 August 2018 | 1 reply
She set up a washing machine to the pipes in the kitchen.

6 January 2020 | 16 replies
There is a machine that injects a plastic liner inside the old pipe.

8 January 2017 | 122 replies
Some of the greatest transaction I purchased at Live Out-Cry auction - Pre-Auction and Post Auction.Really fast forward the time machine by 40 years - now owner of just under 100 units (houses and commercial) owner of an auction company - auctioneer and full time mentor, a real estate school and now a commercial property developer - I will be celebrating my 75th birthday January 16 and have not slowed down - inventing new concepts to make my investing work better.

4 January 2017 | 13 replies
In a podcast the other day, I heard about an investor who repurposed his laundry room into a communal area, transferred water costs to the tenants, installed hookups in all units, and gave them the option to lease a washing machine and dryer for ~$35/month.

8 December 2017 | 5 replies
In my family, my brother is the only person who has gotten a college degree, I went and got a trade instead- I love precision machining!

10 November 2018 | 9 replies
Best of luck with the duplexes, those are great cash flow machines!