Now that is fine, but you have to be able to fund that losing property when necessary(maint, turnover, repairs, eviction), and carry it long enough to sell and realize your gain.

I have a townhouse in MD that I've rented out for about 3 years with a property manager, but never really did consider that much of an "investment" as I'm pretty much just holding onto it until I can get out of it without losing my shirt.The bigger reason I'm here is that I just recently went in as a partner on three 4-plexes in Texas as an investment.

Make sure you get a deposit from the buyer before going under contract because if you go off of the buyer's word and the buyer backs out of the deal, then you WILL lose your earnest money from HUD, I lost my earnest twice because I couldn't find a buyer.3) No it is not necessary to have the electricity/water/heat/etc on, it's the buyer responsibility to do their own due diligence.

The few dollars you save not paying a commission will easily be recouped if you find a good agent to work with, that brings you deals as soon as they come on the market, etc.

We lose ~200/month on the third (our old primary) which we more-than make-up for in other ways (taxes, loan payoff, appreciation).Mehran Kamari Thx for the book referral - I'll check that out.

If you have an IKEA within driving distance, they make a really nice butcher block countertop that can easily be cut to size.

Most Masters or other degree programs need to have at least an 80% graduation rate or they will lose accreditation.

Fourth I do not play in that space or have the network there so I tell them of others who do that type of thing.As soon as you try to become all things to all people in the sake of making a buck you lose focus and traction of what you are specifically trying to do.

Greg,Are you losing $200 a month or getting all but $200 a month from your tenant who is paying down your mortgage for you, which will at some point put you right side up again?

I would think utilities and water alone could easily amount to $1,000 in 6 mths, and taxes are generally high in NJ, correct?