And I know they work in Florida.Overall it looks like you've got a solid deal.

In as much, i've come to the conclusion that real-estate investing is probably one of the most solid investing methods to date, and now I have a problem.

This is big because when I try new systems it takes time learning what the software is capable of doing and what it lacks and getting used to using it.Streamlines Processes - The more websites you have to flip through to get your work done, the more complex your system is, the more layers you add to your work process the more time, money and resources you waste to get work done.

They require 3 separate checks per property per year because one of those mailings includes 2 separate taxes, so 3 actual tax bills per year per property, and each has 2 copies-- so you can imagine how this all adds up to a ton of paper waste when I just scan it in to my Neat or JotNot Pro and throw all of this paper into my shredder.

Happy Almost New Year : ) Would anyone be able to recommend a solid RE Agent in the Boston area.

I'm in the military, so we have dreams of renting this place out when I get transferred, buying a new one, and so on.In my perfect fantasy world, this method could yield me 3-4 nice single family homes by my mid 30s (in 10 yrs), a good passive income stream by my mid 40s (20 yrs), and a solid retirement foundation for 55+.I have a ton of research to do and this site looks awesome.

But you can't finance the option unless it's a commercial deal.If you start getting involved in long term (greater than a year) deals that can't cover costs of acquisition and disposing of the asset and netting you at least 5K with nothing in it, you're wasting your time IMO.

I couldn't find anything in the area on Craigslist other than the apartments mentioned below & by padmapper.I've driven the neighborhood and there is a complete lack of "For Rent" signs out.So the deal is make/break on the monthly rent:- $800/month the deal is too thin, with predicted cash flow at $42/month, Cap rate at 11.5% and CoC of 3.1%- $950/month the deal is pretty solid with cash flow at $168/month, Cap rate 14.1%, and CoC of 12.4%Home details:-Home is owned by Fannie Mae.

Seems like I shouldn't waste sending mailings to these addresses then since they are owner occupied - no more motivation to sell than any average owner.Also, you're right - no need to have the list perfect, just get the letters out.Thanks!

I just don't necessarily use the capital for flips as much as use it to help make sure I spend the time to analyze the deals that I put together and make sure theyre 're solid Doubles to Grand Slams.If I didn't have flips, even with a good amount of passive income, I could get stressed out with money and force a deal that shouldn't be forced.