Home Price130000Max home priceRent Income$1,800Lowest rental incomePrincipal20% down$90.00InterestAmortization table$580.00PMIN/A$0.00HOAN/A$0.00Repairs1%1% of home price or 5% of rent (whichever higher)$108.33Cap Ex5%$90.00Insurance$1000/yr$83.33Property tax3%$325.00Vacancy8.3%1 month/yr$149.40PM12.7%10% including 1st months rent for 1 new tenant every 3 years$228.60Gas $120.00Electric$80.00Water$80.00Sewer$120.00Lawn Mowing$500/yr$41.67Landscaping$480/yr$40.00Shoveling$350/yr$29.17Total Expenses$2,165.50Cashflow-$365.5

Whichever way you want to account for potential capex costs, the most important thing is a that you do.

Whichever your coarse is please let us know.

Because an IRA only allows you to contribute up to $5,500 per year, if you want to make more contributions for tax benefits, you can always contribute to the new 401k and let it grow in whichever investment options you have access to, through your new employer.

cell phone # 775-560-6734

You can borrow up to $50,000 or half of your 401k, whichever is less, and pay yourself back the interest over 5 years at the most.Would these funds be allowed as part of the downpayment for a rental property?

Probably the number one mistake people make is assuming some quick cell phone ones will do it.

Though, my strategy is not to try to speculate on the markets and invest in whichever area I deem is "HOT."

Whichever of us provides the management side of the transaction has 51% ownership so decisions can be made.

I have heard of people getting residual income from cell phone sites, bill board sites, but what about sites setup for the power company?