It's a disaster and only a complete collapse will allow us to get this country back on track.Mike"On one hand I consider Sweden and Norway they are socialist and not fairing so bad.

If I don't live up to my end of the agreement you boot me out on my ear and you get the property back.The deed never changed hands -- you were holding onto it to make sure I did what I said I would.

I know you want it to supprise a friend but, in all honesty you should have your friend call in to the mortgage company, ask for a pay-off good to xyz date then cut a check payable to the mortgage company and hand it to him or her.

Unfortunately these type of government hands outs are abused more often then they are used for good.Time to end the free ride for some people.

Hand out business cards to everyone you know.Real estate is a hands-on people business, not a 'stay at home and look on the internet' business.

Licensees on the other hand, must have written authority from the property owners prior to marketing the property for sale.

Absolutely you're not being too picky, unless your property is in a really expensive market - like midtown Manhattan.A very general point, it is always smart to stay on top of your property manager, and if this means your properties aren't as "hands-off" as you would like, so be it.

Take that difference and put it down on a commercial building.I would try your hand at a couple of single family home deals before you start buying commercial buildings.

To find them is easy...go to a local REI club, and shake hands with a few dozen of the guys that strike you as motivated.

Hello all,I normally do single fam, so I wanted a quick hand with numbers on a deal I'm considering.Location and repairs aside, strictly by numbers, what do you guys make of this deal:Single house, 3 fam:- 2 bed/1 bath- 2 bed/1 bath- 2 bed/1 bath- 2 car garage- separate metersTotal rent is $2,500.Monthly taxes are $320What would be a good estimate for monthly expenses (50% rule??)