I've kept all of my own receipts which add up to my half of the draw.

I suspect that I can recoup about half of what I'm spending on the six acres just from the timber that needs to be cut down anyway.

Im Troy Peters and its time to start something new, time to change my life, time to take a huge leap into what I know is my future.So, a week and a half ago, upon leaving Dallas to head home to Cypress, TX, I was feeling down about not having the control I wanted.  

I had 42 showings in 48 hours on my $329,000 half a duplex FIXER-UP listing.

The listing broker of one of these large firms might have 3 agents assigned to the listing. 90,000 split by 3 is 30,000 giving half to brokerage each makes 15,000 on the same sale I make 90,000.

My story is probably pretty common...bought my Fall River, MA condo in 2007 (when I thought we had hit the "bottom" of the market...ya), lived in it for 5 years.In 2012, my wife and I wanted to buy a house, and selling the condo was out of the question since I could only get about half what I owed.So, we became landlords.And a funny thing happened…I enjoyed the process and a lot of things about it.I’ve found two great tenants who are low maintenance and pay on time.So here I am, looking for more property.I think I know what I’m looking for as far as a good deal, but I worry I’m not going to be able to finance the deal when I find it due to lack of funds.Hopefully between this forum, the podcast, and the half dozen books I’ve bought, the answers will come.We’ll see what happens!

Personally, I'd suggest looking for a duplex to own and rent out the other half sooner rather than later if possible.  

I've listened to half a dozen podcasts from BP and thought I'd take the plunge.  

I've listened to half a dozen podcasts from BP and thought I'd take the plunge.  

We closed on a home last June and added the taxes into our spreadsheet $300 higher than they were the previous year since they seem to go up by a little more than half of that each year and wanted to be conservative.