Reminds me of the pantyhose trick when using coin operated laundry.

The other big mistake was believing that ANYONE will do all the work (with a turnkey operation) and leave any money on the table.

50% rule is a very quick way to analize a property's potential cash flow.Take the monthly gross rents and dived by 2 (50%) the 50% is your operating expenses (which also include capital expenses according to this rule).

Under the Dynamic Hospitality umbrella also operate Joanies - our cosmeticeutical manufacturing and distribution company and Triston Wade & Company - a creative communications firm specializing in outsourced design and production services for advertising agencies worldwide.In 2009 Corporate Offices will be relocated to Vancouver, Washington and Nashville, Tennessee.

Over time, the normal operating expenses will catch up with you.

CA is too pricy to find boat loads of cash flow properties.

His message board is active and Bill visits it daily to participate.Here in South FL where I operate, we have a saying (well, it's me and two other members.)

That'll give you how much your operating expenses are per month.

So, buy at a huge discount and ensure that you have positive cash flow using real world operating expenses.

However, as your portfolio grows, the risk diminishes because the cash flow from your properties will cover any big expenses that come up (assuming of course that you bought properly and have calculated your cash flow using real world operating expenses).