Much easier to reduce your expectations and have them mail it to you (pick a better area with better clients).

My heart goes out to the big wig executives that will scrounge to survive on measly hundreds of thousands of $$$ a year, after years of rightfully earning 300-500 times an average worker's wage, all while performing exceptionally and running the system into (or rather below) the ground.

-make sure all your a/c vents are propery sealed. this helps reduce drafts, moisture, dust, pollen, and noise.

Hands-on investors do typically generate more income per month because, in addition to the cash flow, they EARN money doing the management and maintenance (in other words, they have a job).

But when the dollar falls in value, and with the yuan pegged to the dollar, it reduces the value of their currency and their savings.This talk of some global currency reminds me of the Amero discussion that came up a while back.

Combining the two, I build simple mini-sites and use SEO strategies to drive highly targeted traffic and generate sales commissions.It's a fantastic way to earn passive income.Of course with SEO, a lot of research needs to be done.

But if they reduced the price by 3% to 485k they would only receive 14.5k commission.

I think the biggest problem would be coming up with the 20% needed to make these numbers work.Purchase Price:$2,350,000Property type: 72 unit ApartmentYear Built: 1970Rentable Area: 58,211 sq ftLot Size:: 124,823 sq ftCurrent Occupancy: 89.19%Purchase Price: $2,350,000Assignment Fee1: $100,000Cap Rate2: 10.77%Net Operating Income3: $253,078.29Pre-tax Cash-flow4: $102,986.01Earnest Money Deposit5: $21,500Down Payment: $470,000Loan Amount: $1,880,000Amortization Period: 30 yearsInterest Rate: 7%Mortgage: $12,507.69Loan To Value Ratio: 80%Debt Coverage Ratio: 1.5044Unit Mix: 24 1/1.5, 47 2/2, and 1 3/2Scenario A:You'll purchase the property at a 10.77% cap rate (based upon his actual numbers), DCR of 1.6862 (assuming you get financing at 80% LTV with 7% APR); and you should receive an annual pre-tax cash-flow of at least $102,986.Scenario B:You could increase your cap rate to 12.1%, your DCR to 1.8949, and the yield of your annual pre-tax cash-flow by nearly $32K simply by reducing your vacancies and collections (from nearly 11%) to 5% of the gross rents (which is the norm for that area—so it's doable).

Now that you know the truth about the work, let me tell you how it feels to earn an assignment fee......

However, if I had cashed out I would have to pay the capital gains tax on the earnings.