The process is still fresh in my mind.If you enjoy podcast, check out the one my website in the signature.

We started investing when fresh out of college.  

IF not I'd start fresh they sound dopey. 

I keep thinking things will turn around for Detroit but until some fresh blood moves in,  normal people, I just dont see it ever happening. 

At this time I have no experience which I am looking at as a fresh start into being able to wisely choose my path.

I wanted to share with you my most recent purchase and let me know what your thoughts are on the numbers for this house.3 Family House with 6 Garage/Storage Bays Apt 1= 3 bedroom/ 1 Bath = $975-1000Apt 2=2 bedroom/1 bath = $875Apt 3= 2bedroom/1 bath= $875Garage Bays are rented at 50-70$ a month = conservative number (~$330/ month) Total Gross Monthly Income= $3,055Total Annual Gross Income= $36,660Property purchased for $80KMortgage (Includes: Taxes, No PMI, Landlords Insurance) = $760/monthAnnual Expense= $9120 Expenses @10% Reserve = 3666 ( I usually keep 10% as a reserve, as a “just in case” fund)Total Annual Expense (Including 10% “Just In Case” fund) + Mortgage/Ins/Taxes = $12,786Annual Income after expenses I am hoping to net $23,874 I bought the property really low, I put a fresh coat of paint on it and am doing some upgrades to make it appeal to tenants.

I'm hoping that we can cut all ties to Canada financially and start fresh in the US.

That way they get resyndicated and look fresh to people who are shopping for rentals.

With a freshly rehabbed unit and some decent marketing you can push the market.  

Instead, they argue like a kinder-gardener that "it wasn't their mess so they ain't cleanin' it up".