I don’t say “I think the house needs too much work”, or “I think the house worth 10k less than you do”… etc… Then they can, and will want to debate that with me and try to convince me otherwise, but at that point I have already made my decision.

Just for argument sake, let's look at this deal:NOI: $10,707 per monthMortgage ($1,500,000, 30 yr, 7.5%) $10,500Cash flow: $207 per month or $7.39 per unit per monthThis is a VERY POOR deal in my opinion.If my assumption is correct that the expenses are off, then this property is a BIG LOSER!

You factor that in to your decision on when to sell.

Poor area, population is moving away from the war zone.3.

Those two properties are in foreclosure and the poor guy is totally screwed.I hate these kind of people.

:lol: sorry josh, I wasn't trying to be nosy or anythingI belong to another private forum that uses php for their hosting, and although I dont' know their operating costs either, I did make a donation of ~$50 and a lot of other people donated some too and it's pretty much paid for keeping the site up.It sounds like things cost quite a bit more here.I will be happy to donate, although it may not be much since I am a poor student.

Extra income, extra profits, WOW the new CEO must be great.Common with many businesses and clearly nothing at all unique to banking.Emotionally the new guy as few or no emotional attachments to prior decisions so they can take the hit without feeling like they messed up.

To me that means you are a poor money manager.You have no experience in the field, so to me, your assurance that the new busuness is going to make buckets of money from day one are nothing but empty promises.

I just got an email from my realtor regarding my decision to wait a little longer for prices to come down more.

Check out their website [LINK REMOVED], sign up for free and make a decision by yourselves whether it's something that might actually be useful.