The definition of Other non-interest income is:All non interest income of the bank not required to be reported elsewhere, including (but exclusive to):1.Income and fees from the rental of safe deposit boxes;2.Income and fees from the sale of checks, money orders, cashiers' checks, and travelers' checks; 3.Income and fees from the use of the bank's ATMs;4.Income from performing data processing services for others;5.Earnings on or other increases in the value of the cash surrender value of bank-owned life insurance policies;6.Rent and other income from Real Estate Owned.Alas, using the Statistics on Depository Institutions Report page doesn't provide granularity to see just the Rent and other income from Real Estate Owned.

In multi's plumbing is almost always 50% + clogged and furnaces are typically past their useful life.

I am about to enter another phase in my life.

So your $800 would over the life of the rental be closer to $400, $480 if you will be self managing (40% not 50%).Back of the envelope analysis shows you making a net operating income of $5760 for the year if you self manage, a 13.7% ROI if you spent your $35k doing repairs.Learning these quick guidelines for analysis is a good idea to qualify or disqualify a potential property.

I think I'll hold onto the job I have now and let my stock and 401k grow and continue wholesaling on the side and work my way to a point in my life where I can start making bigger deals that are more profitable!

I personally would start building an overfunded whole life policy that will pay dividends with 4-6% IRR.

Thanks joshua dorkin, jason fraser, joe fairless, brandon turner, mehran kamari and mark ferguson. i have been reviewing numerous blogs, reading articles and listen to the podcast when i go running from this great site. i believe Bp will be the catalyst to finally change my life to being financially better.

There is some situation in their life that is creating motivation (health issues, financial problems, job loss, death in the family, divorce, etc.) that results in the desire to sell their house quickly for cash without making repairs...

I've decided that retirement looked boring and that active involvement will boost my life; probably yours, too, if I may say so.One of the best things my time off permitted was to re-think my motives and business strategy.

Not really a valid approach unless you're doing it with a very very significant other or a friend you trust your life with.With regards to the second idea, I believe you'd have to refinance out of the FHA loan in order to do this, which more than likely would require money out of pocket to get the new financing to a 80% LTV unless you've added significant value to the property.