I have a small tenant house that I could purchase for about 30k. Its really not in bad shape just needs some paint, new carpet, and new stove/fridge. It also has central heating. Its also on 3 acres of land. My o...

Tax Information Gross: 186100 Exempt: 93050 Net: 93050 Taxes: 2812.92 Dwelling Information Style: Raised Ranch Story Height: 1 Attic: None Basement: Full Year Built: 1999 Ground Flr Area: 1008 Tot Living Area: 2078 Living Units: 1 Rooms: 7 Bedrooms: 3 Full Baths: 1 Half Baths: 0 Valuation Land: 33,500 Building: 152,600 Total: 186,100 Net Assessment: 186,100 Property Picture [ No Picture Available ] Sales History Book/Page Date Price Type Validity 1999/12/15 113,000 Land + Bldg 0 4066/266 1999/04/26 23,000 Land Only G Out Building Information Type Qty Year Size1 Size2 Grade Cond Shed-Frame 1 1970 4 6 C A

Well it depends on how serious you are... many deals are not deals at all b/c you run the risk of losing money as you go and the only smart investment is the one that pays for itself over an extended period of time.

I am about 60K in debt b/c of college loans.

Just b/c they leave doesn't mean they get out of the lease.

I'm asking b/c so many people I know need this service.

Originally posted by "RAHIMB":Hey Anthony C, just wondering did you find anyone that would give you a private loan.

So I know I have to call the office, but I checked on the A/C just to make sure nothing was amiss.

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Even if I only pull $15k a year from the first two units, thats $30k a year cash that can be used to leverage future properties.Seems to me (who knows NOTHING, BTW :crying: ) that if, as Mike says, you c/should do MUCH better with a little more work, and make decisions that will get you closer to your goal, while perhaps rejecting possible purchases that will not get you what you _really_ want, (which might also produce devestating results) that you would be wise to spend that time and work.Originally posted by "BreitlingUT":I'm looking at this $500k as bonus money to grow in the future.