It would be a shame to sit here testing new stuff and throwing away money that could have been used to buy that duplex and gain freedom that much sooner.

In the fall, you will see a fall in values, I hope it stays at a 10% maximum drop, but by next spring, I believe the Washington powers that be will create more hardships on the people and the economy that the prices will not bounce back up.

He has an interesting power washing niche he got into & we never turned him down on any future loans.As far as buying high we have watched a lot of tax lien properties go for way beyond value just because the buyer wants to live in it or thinks they got a deal.

you buy a property for $50,000 keep it 20 years and sell for $200,000, but to replace it with an identical house you have to spend the entire $200,000, what have you gained.Capital gains taxes to some degree as now structured is a tax on inflation which the investor had no control over, and a devaluation of the dollar purchasing power due to inflation..

I am in the process of evicting a tenant and just got a notice from the power company that the power was switched into my name.

Think about things like interest rates and what happens when they move, gas prices and how an increase in price might squeeze your tenants if you a buy a property where most of them have a long commute, and the power of the dollar and how it affects foreign investments in places like LA/OC where many International investors are scooping up property at a rapid clip.

Based though on my experience buying a 130+ unit apartment complex (I put down $1M), it's more realistic to get 8-9% CCR p.a. but when you combine that with loan paydown over time (equity) PLUS appreciation, you will end up with 20% ROI/year (and that's tax free due to the power of depreciation).

Hey Guys -

Check this out . . . I was just looking through our reported posts and saw something that made me feel really good. Last night a spammer posted a junk post on the site and as you can see, the post ...

I am open to 'teaming-up' I am always looking to build my power team.

In looking over the will I find that I am named bothexecutor and Successor Trustee and I am given power to handle all financial matters for the estate.