There are a few states where you can end up showing a loss if you win the auction but an early pay-off comes in.People do make money with TLCs and tax deeds.

She also had mason jars of food storage in her basement that was from the 60's and 70's.

Yes the $500 "loss" per month includes expenses as well.I understand that investing for equity growth is a form of speculation.

Assuming your figures are correct however, $468 LOSS but what about tax benefit.

Conversely, if the lender then sold the property at a loss, they would not expect the previous owner to make up the difference.

Hello, my name is mike and I am with a national default outsourcer handling loss mit, collections, foreclosure, REO, etc on a national level for a variety of lenders.

Again, if that is true, that turns this deal from a positive cash flow of $57 per unit per month to a loss of $48 per unit per month.I would like to hear the opinions of some of those that own or manage condos.

With the usual expenses = 50% of rent rule of thumb, you would need rent of $2800/month to be at a $200/month loss.

Thought it might provide food for thought.

That’s why VISA charges as much as 18% to 24%: Collecting high interest from some customers reduces its losses when other customers don’t repay their loans.)Reason #4: Mortgage interest is tax-deductible.Not only are mortgage loans low in cost, the interest you pay is tax-deductible.