But, as the saying goes "you can't eat equity."

Yes, there will always be people eating doughnuts.

I'll be spending the next couple months perfecting the system, unfortunately this winter I'll just have to eat the bills.

Rent bumps are not as strong but you also have all expenses paid by the corporate tenant so that 2 to 3% per year bump is not offset by growing expenses and maintenance costs.Water goes up, taxes skyrocket, land or building has issues the corporate tenant eats all the costs and you still get a passive return.I do agree that for people with limited funds houses are a starting point because they have more time than anything else.The clients I deal with typically have a few hundred k to into the millions and they do not want intensive job or headache type investments.

Either you are spending a large chunk of your profit on management and/or one bad tenant or vacancy can eat up all of your profit plus some.I feel much more comfortable with medium to large MF properties that can afford professional management.

I was always under the impression that for most deals, you can't have your cake and eat it to.

Obviously the numbers are going to look bad if I'm living in one side eating up half the rent money.Purchase price: 103,000Rent: 1300 (both sides rented $650 each)taxes: 2240insurance: 1020Maintenance: 1440 ($60 per door a month, sound right?)

we didn't have a site like this 12 yrs ago. if I had asked for help earlier i think i would have been much better off.one issue was i wasn't from this country.I took away an eat in ktichen and replaced it with a large kitchen.my 100k renov looks like 20k change if you didn't know the bef.

With only 1 revenue stream and hefty operating costs, this could easily end up eating you alive.

I remember in 2007 I had a money market account paying. 5.5% APY, today the best money market rates is 1% APY if you are lucky.This is probably why all the americans are jumping into real estate as the top money market rate is 1% at best, but you don't want to put all your eggs in one basket and researching and doing your homework is essential..One of the Hong Kong analysts I respect and follow thinks that the dollar is headed for a 10% appreciation.