Example: If you can sell the property for 150K with costs to get it sold of 15K (commissions, closing fees), spend 100K buying and repairing and holding costs, this leaves a pre-tax net of around 35K (150 - 15 - 100 = 35).

Who only knows how much debt the administrations of their generations are going to incur...i dont see us getting out of this fiasco without some serious spending cut backs and sacrifice.

And that amount doesn't even include the amount you spend on the real estate course (about $450-500 or more), and all the time it took to take the course (time off from work,etc.).

Technically it's only $100 a month; but, I have to keep in mind I'm borrowing 80k and only spending 60k on the home.

Its due for repairs and maintenance but rent rates make it tough to spend the money at this time.

In the afternoon spend time walking around Porto Cervo and Porto Rotondo, along their famous and cute squares, do some shopping visiting all exclusive boutiques, visit the dock where luxurious yachts are moored...In the evening sip cocktails or have dinner at the Billionaire, or enjoy the music at one of the Cafè in Porto Cervo.Well, better wake up from this dream!

Stop spending money we don't have (both personally and as a nation).

Your fairly new to the forums, spend a lot of time studying, there are several good recent threads on how to determine a good deal.

You can't just run over there and spend an hour and $15 to deal with some minor problem.

That causes people to spend less, and it causes some people to lose their homes.