Manny BPs have warned about the risk associated with it on this post and they are absolutely correct .

It is absolutely impossible or nearly impossible to hit the 1% rule (monthly rents to purchase price) in 80-90% of Bay Area properties.

It is absolutely amazing.

I think you should ask your bank if it's an absolute that the interest rate will change (go up) after 5 years or if it's open to discussion...kinda like I mentioned for my bank.I could be wrong, but when it's all in a business, can't you write off more things such as "business meals" and things of that nature?

I absolutely love Colorado and that is where I plan to return when my husband retires from the military and stops moving me all around the country. ;) We turned our owner occupied property into a rental when his duty station changed about ten years ago.

I've had the displeasure of starting new associations as well as serving on the board of multiple hoa's, and 90% of the time it's an absolute nightmare for various reasons.That being said most of the time an HOA is a necessary evil to protect property values and aesthetics.

You absolutely want your tenants to call you for repairs, especially those involving water, ASAP.

There's absolutely nothing wrong with doing that.Wholesaling is a tough, tough business.

I seriously started considering investing in real estate about 6 months ago, and since then, have been on an absolute tear - reading and listening to anything and everything (thank you BP) about real estate investing that I can get my hands on.

Absolutely Chervets.