Also, I will just assume that the Meeting that is on the second wednesday of the month will occur again next month so I will throw it in the Calendar as well.

Your first real estate purchase isn't that great either as you just have that little bit of rent coming in and expenses going out-with the potential of large expenses occurring.

found this site by accident today cant stop looking so much info I have had one rental for a number of years with good luck but ive always been nervous about extending my risk getting over my head im intrigued with flipping think its all the cable shows buying and holding something new is probably my comfort zone

I won't know what that expense may be (h20 heater, new roof, etc.) or when it will occur, but that's exactly why I'd want a margin of safety accounted for in my analysis.

In other words, evidenced by the UPB it doesn't seem like any prepayment occur.

By the way, this is how i started, all by accident.

While we've often thought about that number, it never occurred to us that we could use that metric to help find great agents and validate their knowledge of the market.

In the market over the years since 2008 where investors have become an increasing percentage of the buying pool, the limitation of the number of renters has depressed the condo prices in the developments have restricted renters.Another phenomenon that has occurred is that condos have raised fees to build their reserve funds.The combination of renter limitations and increased condo fees have also suppressed sale prices in those developments.All is not lost as there are other sources of financing than FHA.

As you said, this is a situation that seems to rarely occur.

Your friends ought to be good examples of what you want to occur in your life for if you're green, you grow and you're ripe, you'll rot.