How about management, advertising, entity maintenance, insurance, evictions, setouts, legal fees, damage done by tenants (in excess of the security deposit), lawsuits, utilities (at least during vacancies), capital expenses (not technically an operating expense), etc, etc, etc?

That woman is on social security, on section 8, and uses food stamps.

We've been going back and forth by PM and email, Dan, but I wanted to officially welcome you to the site!

A 5% return PER MONTH is pretty decent and if the only thing you are worried about is PV (i.e. your investment is secured somehow) I wouldn't move it at all...

(See my recent post about this).The Background on the Active Real Estate Exception:Rental real estate, in many cases, is held to provide financial security to individuals with moderate incomes.

In my opinion, REAs should stay out of short sales except to list the properties and secure end buyers.

Anyone with earned income (or an existing IRA) can open a self-directed IRA (SDI) and invest in real estate, loans secured by RE, business ventures, and many other vehicles.

The IMF now officially predicts an American recession in 2008; many at the Federal Reserve think output is contracting"Many of us in the real estate industry knew what was going to happen and we kept feeding the fire.

You should be able to know the best deals, even though the are often outside of official listings.Brush up your financial knowledge.

Then, the investor gets back the money plus 40%.I see no security for this this loan at all.