Get after it!

only you know (or should know) what the numbers are.Obviously the “cash flow” would go towards paying back the HELOC, so we wouldn’t see any of that income for a couple of years. and if you're just paying down the interest on the HELOC and not the principal, then the HELOC will still be due in its entirety after the draw period ends. make sure you are looking at this accurately.We just always hear about people getting started buying their first property, and even on a lot of the webinars we watch they run the numbers, get a couple hundred dollar cash flow deals and call them good. yes - in a lot of cases this is because (1) the assumptions are unrealistic, (2) the buyer bought when interest rates are a lot lower, (3) the buyer is spreading repairs, management and other costs other an entire portfolio and not a single property, (4) the buyer is managing themselves and doing all of the repairs themselves, or (5) some combination. 

The condos I am planning to invest all yields less than 1% when following the 2% rule.NOI ~14,000The rental calculator told me I won’t be having positive cash flow until 4 years after purchase.

After I gave him the keys he thanked me for giving him a chance.

He never attempted to contact us and said that around 2 weeks after we had the roots removed that the problem came back.

My company is Red Key Services LLC if you want to look me up. :)

This was despite my explaining that I would be making a cash purchase and already owned residential rentals in the area.Eventually, I found one or two agents who were enthusiastic to work with me although not after first promoting their own noncompetitive pocket listings.

I thought about turning on IB, after all of the positive comments here, BUT like always, one has to consider the market and the kind of guests that it attracts. 

After the cost segregation study was performed, this was the new asset allocation breakdown by useful life.Here are some examples of what types of assets are included in each of these asset classes.5 Year Useful LifeSpecialized equipmentCabinets and countersRefrigerators and microwavesSecurity alarm systems and telephone connectionsDecorative wall treatments, ceiling fans and flooring15 Year Useful LifeSidewalks, landscaping and asphalt pavingSignage and site lighting39 Year Useful LifeDoors, walls, roofing and windowsFlooring, drywall partitions and ceilingsEmergency lighting and restroom fixturesPlumbing, HVAC, and electrical distributionThe use of the accelerated depreciation strategy helps real estate investors to reduce the tax liability immediately which therefore increases their bottom line due to the offsetting of income.

I think Gino meant that if you get sued personally and your LP interests are in an LLC, it would be more difficult for them to go after your LP interests.