The nice part is I could easily float the mortgage with just extra money that I am socking away now so even if I was tenantless I'd be just fine.

I think this site has one of the most diverse sets of free thinking Americans I have come across in some time.

A site like that for the UK would be really nice to see.

I wouldnt go past 2 homes in the same area, and as I said - the only reason I want to add the 2nd is because is it fully furnished/turnkey and ready to be rented which is nice.

I imagine property values are high where u live due to that general area being rather nice.

We've got a hanfull of investors on the site from the UK and it is always nice to have yet another.

Nice to meet you all, hope you Labor Day Weekend was nice!

The nice thing about using NPV is that it discounts the later cash flows to be worth less, which is closer what I want to know about my investment.

Anyway I wouln't mind getting this one, nice spread from loan balance to current market, and cooler weather starting in September if I have to do a roof, and I'm planning on it.Absolutely right Jason.I'll keep the board updated.Frank

45% is a nice chunk out of your bottom line though.