Using an iPad will reduce the amount of admin work, but of course I will only use it if there are no risks attached with it.

In fact, it's VERY difficult to mortgage an amount below what you are financing because the various fees charged by the mortgage company start to become so high, as a ratio to the amount finance, that usury laws start prohibiting the loans as the mortgage companies will only reduce their fees so much.

Business Travel Basics A business trip is an opportunity to do productive business while earning substantial deductions.

In many cases you can earn a better return, than inside the account once you are "max funded."

If I am the buyer's agent for the property I do it at a much reduced fee.

Yes Tony a TRUE Triple Net the landlord will not pay those costs.Lately net lease companies especially credit rated tenants have been more demanding in trying to get the landlord to cover some costs.It is very important to look at the length of the lease and terms and escalations.With inflation if the rent increases every 5 years is marginal and they want you to take care of certain items with the property it can drastically reduce your returns.It's all about what returns you are seeking versus the security and consistency of the payment.Generally triple net will hover around the 6 to 9 CAP range but will not approach the teens in most situations.For those kind of returns you have to usually chase after value add deals but they are much more work than mail box money from a credit tenant.Credit tenants have risk which is why you also research heavily the health of the tenant today you are acquiring the lease and their growth plans for the future along with reserves.

having the seller pay $xxx or reducing the purchase price by that $xxx5. what is a closing cost "rebate"i assume for #1, the amount is capitalized (increases the tax basis) and depreciated over 27.5 years.

I have had it for about 2.5 months.Several BP members suggested I get a HELOC, to reduce my interest rates on the borrowed portion.

However, I think shelter/housing is always going to take up the largest percentage of earned income.

Here's some numbers:GOI (minus vacancy) = 21240NOI = 10620 (50% rule), however, because everything is new, NOI could actually be near 70% with no cap expenditures in the near future.Cap rate = 11% minimumcash on cash return = 25%I have a side deal with my brother/partner where he would be property manager but would forgo any payment in lieu of earning equity in the property - I can explain more if anyone is interested.