Just as I was about to close, the bank took forever to return my calls and finally said the house was unlivable since it lacked a heating source.

I'm finally seeing the tax benefits of owning rental property.

Over the next two years I plan on using existing cash flows from my current portfolio to 1) continue the aggressive debt paydown on these two balloons and 2) purchase an additional 6 SFH or fewer multi-families totaling about $150,000 in total acquisition costs.The options I see are:1) current situation- continue paying off the two 6.625% mortgages over the next 28 months.

He has been told that he has the best offer on a home I believe in Queen Creek Cave Creek but has still been waiting for two months for the final answer.

hey gang,so i have been looking to finally protect my assets with an llc. my question is, is it worth going with a wyoming or nevada llc?

So for every phone call I get (when there's a vacancy), 7 aren't interesetd when they find out where it is, 2 are being evicted from somewhere else, and the final one has to jump through several hoops to get the first month's and security deposit together.

I can't wait until March either...BP Conf in Denver one weekend and the Final Four in New Orleans the next!

I would like to learn to learn how to do flips so that I can move to that when the market finally turns.

It was a strange acquisition process and this is how it went down.

I feel like I have finally saved up enough money to start venturing into it.I've started writing my business plan and looking into properties.