He has no idea who it was. He

Investors paid too much, underestimated property taxes (some areas over 3%), overestimated rents, and forgot to hold reserves for events like a washing machine overflowing and ruining all the floors (that was in a newspaper article about Cal. investors going bust).

Lately they have been just washing their hands if the debt.

I'm in the Wash.

One of my tenants called and said  that their washing machine was not working, was leaking water, and that there was a burning smell.

On the outside it looks fine, I would at least power wash the brick which is no more than $200 for the washer rental.

The prorated amount should be taken out of your current tenants deposit, so it's a wash. 

Additionally, any income you draw as salary will be taxed to you - but, that is the case when you take distributions from the IRA, so kind of a wash in a certain sense.So, the key difference is WHY are you investing?  

But if you wash the two of them together it's still going to be a net profit, and now I know what I'm doing.Here's the numbers...Purchased 77kRehab 22kContract price 134,750 (138,250 sales price - 3,500 closing credit)Closing costs/fees 13,500 (~10%)Profit ~22,500 (minus utilities and taxes etc)What do you think???? 

#askbpHow do you wash soap?