.) - 75 Expenses $820 (I did not include utilities because normally tenants pay for that, but find out what is common in your area.Net Operating Income NOI (Income - Expenses) = $680Cash Flow: $680 - $1134 debt service = -454 You will not cash flow on this property, even if you get $1600 for rent and self manage, so this option is a no go.

If you have any self-employment income or prospect of it, you could have a 401(k) plan drawn up and rollover your IRA to it.

I am self-employed with a flexible schedule.My first impulse was to get a contractor to oversee the whole project, but as I look at the numbers in would save me a ton of cash to oversee it myself.

The floors are really why it took so long to rehab as I did them my self and had some things come up after starting that kept me from finishing them on time.

I already introduced my self in the new introductions area so I'll just get right to it.One of my buddies from college and I are planning on investing in a few multi-family homes (2 3-4 family units to begin with) we would be buying them cash so I figure we'd get some wiggle room on the price.

The ball is in your court on this one, your suffering is somewhat self inflicted.

If I do not properly vet buyers for a seller I could lose the confidence of the relationship and the seller moving forward.

I want to Thank everyone who has taken the time to contribute valuable information, so that people like my wife and I feel confident about our future in REI!

I know it not the most Ethical thing to do but I go by home depot or lower and get three electrical heaters take them out of the box my self real neat and put them in and plug them up for temp problem call to get the heat fix, some time may end up being on Tuesday if it a part not in stock after they finish I place it back nice and neat in the box as I got it and take it back to Lowes or home depo.

Hello all!

There is a beautiful condemned, boarded up home with an incredible view that I am bird dogging for an investor. All of my, 'pre-negotiation phase work,' is coming to a close, and I can't EXACTLY p...