Yet we do, and the OTAs encourage this.I think the whole system needs to be revamped to something that makes more sense.

They had a one page sheet to explain there profit lossEverything they told me at this point has not been verified.They take in $124,320yr.They pay 11821 school tax6500 village tax3000 town county tax5000 insurance 3770 for landlord electric and hot water for the whole building2500 for heat and electric for the rooms for rent 1700 for the cleaning of the shared space and bathrooms for the rented rooms (2 shared baths and hallways for rented rooms)375 snow plows500 general maintenance 320 lawn care4300 for village water and sewer. 

My in laws whole family is from the New Orleans-kenner area.

Don't forget, you can use a HELOC to achieve that goal, and a HELOC is going to be the most flexible and cheapest money you can find.

Hey me and my dad are wanting do this whole real estate thing we are about to go to than merrills real estate workshop for 3 days and I seen some.posts that said it would be better to find a pro what's the best way to look for a mentor in my area I live in riverside california and we really don't have the money to pay for than expensive course any advice on finding someone in my area or maybe some free resources  any info is greatly appreciated really 

I have been surrounded by rental properties my whole life - my Grandpa was a carpenter and over the last 50 years he has acquired 5 single family rental properties in addition to owning his own house.

@Holly Williams a 12% return is very achievable for most real estate investments.

Seemed like you were pretty upset over the whole thing.

DF was Not repealed in whole.

Hi everyone,Ive been scurrying through the Texas, and really don't know how to go about achieve a goal.