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.

This Forum has kept me from eating all morning, i've been reading for hours.

The maintenance issues are common and you just have to eat up the cost.

Give me the money I earn, in order to create my own nest egg.

Also, if i buy a duplex/tri/ etc, i will have no way of managing it myself and i will have to rely on a management company which will eat a big chunk of the profit.

I'm at a point in my life now where I don't have any commitments (not married, no kids, decent nest egg) so I can sort of head into any field/job I want.

This happened even when there had been damage to the property between the time of listing and my bid.Fast forward to last week - they dropped it to $15K, at which point I put in my 11K offer again, and am waiting to hear back.I was told by my agent that, at least around here, the REOs won't go for a huge cut of what's listed; instead, they seem content to eat the holding costs and wait for someone to bite closer to the ever dropping listed price.You may have to wait to pick it up at your price point.