Do not ever take advice just because it is given unless it is from an individual who you pay and he has malpractice insurance enough to cover your loss.

Great to hear your chugging along Shawn, 0% returns are infinitely better than any loss =)) Im giggling just a bit at the before pics, I wish I had purchased any of my rehabs in such good shape.

There are also tax aspects to consider: If I pay $140K now, and net $135K in 6 months, it is probably a small loss after all other costs and deductions are factored in.

You can do a Profit and Loss by Class and it will show up all your properties at one time.

When I retire the mortgages are paid and I live on passive rental income.I am here to learn if this plan is feasible and how to carry it out.I have read most of the beginner's guide and I agree with the 9 core beliefs.I want to be a part of this community; I think I will like it here.Thanks in advance for any advice, and I look forward to returning the favor.

I have also been told it wouldnt matter if I sold it (because it would currently be at a loss), but I dont think that is right due to the recapture.

But it they show losses then you other income has to cover both your other debt and the loss on costing rentals.

Apartment complexes can afford to use this tactic and you know what, let's assume you are victorious in small claims court (which may be difficult to convince a judge of a complete loss of potential income on your part due to these tenant's approval), in the end, it may come back to bite you.

Lender policy protects lender from loss of collateral due to title claims up to loan amount.

I am posting my investing plan below and was wondering what you all think of my goals, how feasible they are, and any improvements that can be made."