Taxes are a measurement of how successful you are.

The sacrifices you make over the years can not really be measured.

Do you use fees ($/hr) for your time and yield measurements for your return on capital?

What additional cost saving measures do you use to make a house "ready"

Although government measures are in place to stimulate business lending, without perfect credit and cash reserves, most business owners are just passed over by their bank.

Inflation is hard to compare to the 70s, because they have changed how they measure inflation (as well as unemployment).

I am buying all in cash and under the same llc which I purchased my first unit under.Well so far I have had to get for them:1 An official certified copy of my articles of organization (had to order from Ny state DOC for $35) as my copy didn't have the filling number ON it.2 Proof of publication for my llc.3 Operating agreement of my llc4 For good measure a notarized resolution that I am authorized to make the transaction on behalf of my llc since in the operating agreement it wasn't "transaction specific enough".

We have Greek-like Austerity Measures to look forward to.

.- Having a measurable goal and a time in which to complete that goal- Finding what niche in real estate you'd like to get into.

As I was planning the small renovation that would see the end of the boarding house, I realised the house was serving a clientele not being reached by our other student apartments.We decided to leave it for a year to measure the behaviour / performance and found that it had low vacancy, no defaulted payments, no damage, and the tenants almost always brought us new tenants before they would leave.Just over 2-years in, we are still happy with the house ... it is more work, but it is also more return.