We cleaned up the place, Added efficiencies such as additional insulation and new plumbing.

We cleaned up the place, Added efficiencies such as additional insulation and new plumbing.

Combine this with some notes, a duplex here and there, some short term private loans to landlords maybe (factoring for their monthly rent)  and then you can hit your magic number and be diversified to a degree.Just some different ideas to throw at you for thoughts!

Because I want to get into real estate investing in doubles, I kinda want to pull out my 401k, which I know will take a 10% hit for taking it out early, and I will have to pay taxes on the amount, but I think it would be better off being used to invest in real estate, it would be less risky in my eyes, not sure how other people feel about this.I want to get into real estate investing, I want to buy a double as soon as I can, but being a new business, taking advantage of all the tax right offs I can, looks like I am making less money than when I worked for the company I left.  

But your cash flow suffers and there is the potential for negative cash flow because rents don't hit the 1% of purchase price mark.Cash Flow Markets - the midwest. 

Those pallet guys trash stuff, hitting the building with forklifts all the time and tearing it. 

I would see this as a positive and an indication that if the community is safe and clean she will be a potential long term tenant.Another tenant may ask questions like, what utilities are included, what day of the month do late fees hit, how much are the late fees, do you check credit, etc.

And then the s**t hit the fan and they couldn't even pay their full rent on Month 3. 

I can tell you stories and if you want to hit me off line happy to engage but  I dont want to get into it on BP.. 

It is a miss and hit sometime.