I wanted to let everyone know that we've had some issues on our servers today, but I think we've got it sorted out.Sorry for the inconvenience for those of you who noticed that the site loaded REALLY slowly or not at all for the past hour or so.

Heather, Here is how I see these deals: Deal 1: Gross rents: $1,650 Operating Expenses: $825 NOI: $825 Mortgage: (30yr, 7%, $129,900; NOO): $864 Cash flow: $39 LOSS (OUCH)!

The $1500 operating expenses are things like taxes, insurance, management (even if you do it yourself), maintenance, advertising, office expenses, utilities (even if only during vacancies), legal fees, evictions, damage done by tenants in excess of the security deposit, etc, etc, etc.

The kicker is I even though about doing that as I was loading the board (one 10' footer out of a bunch of smaller ones) and STILL broke the windshield.I ended up switching to slightly slower qwest DSL and saved a bit over comcast.

Over in the next county the magistrate makes evicting LLs present their whole case EVEN WHEN THE EVICTEE IS A NO SHOW.When I appear I pull out a thick folder stuffed with papers making it look like I'm loaded for bear and prepared for anything.Also, make sure your cell phone is off, here in this county the sheriff will confiscate offending phones.I've been to court where the other side's father actually hired an attorney.

According to Marcus and Millichap apartment complexes are still holding as long as they can make it through the toughest year we will face yet in 2009 I quote from their website: "The challenge will be getting through 2009, which will require exceptional tenant retention, aggressive marketing at the property level and an unwavering focus on operations."

NYFD, NYPD, and all the ferry boat operators also did a great job of getting everyone off quickly and safely.

Just recently, 2 weeks ago, I learned about the co-operative assignment with lease options.Very easy it seems and the profits are pretty good..not as much as a normal wholesale type deal, but easier to do and can happen more frequently--I don't see 3 of these a month as being impossible to do!!

We knew we had to replace the operating hardware that is a scissor type arm with the rotating handle.

Anyway, we both allot our extra paycheck money to our business operations and marketing so that we can do a few deals to make the cash needed to buy and hold for wealth and cashflow.