If this is done, then 75% of the gross rent for your current primary can be used to offset the mortgage debt of that property to 0.

There is no downside to having a slightly larger machine.

Hey BP, I’m new to San Angelo, TX and was trying to find out if there are any investment groups that meet up around town.

I’m trying to utilize 1% rule and it’s tough with current market 

@Jim Reynante Appleton is a good place to invest!

On Page 134, he lists the following when analyzing a deal:Sales Price: $132,490.00Sales Expenses: $17,000.00Loan Balance: $55,004.72Total Invested Capital: $35,950.00Profit: $24,535.28I agree with his thought process here when he calculates net profit, but I'm trying to verify the net profit by adding up all the sources of income over the past five years in his example by doing the following:Appreciation over five years=$12,490 (see chart on Page 133).Cash flow ($297.73x12x5)=$17,863.80 over five years.Loan paydown: ($60,000-55,004.72)=$4,995.28 over five years.Sales Expenses are still $17,000.Doing the math, profit= $12,490+$17,863.80+$4,995.28-$17,000=$18,349.08There is a $6,186.20 difference from the net profit he calculates.My question is: Is this $6,186.20 difference due to the forced appreciation gained in the property from the rehab he does in this example?

If they want to leave, give them 60 - 90 days to find something affordable, but offer to let them leave faster if they find something sooner.

Try to narrow down your options to the top 3-4.

She was determined to close the sale by the end of the month, but her husband, who had no legal claim to the property, refused to leave.The situation was emotionally and logistically complex.

You are allowed to contact them up to 18 months later.