The big things are being able to have individual project areas with distince financial info, but also have an umbrella ability to see how they are all doing, with information about each partners investment across all projects or a single project.

This is relatively low compared to other islands with a similar level of development where properties can sell for $500 - $750 per square foot.The good news for investors and absentee owners is that the rental income here is relatively high compared to the purchase costs of the property, especially for properties with great views and/or easy access to the beach, which can generate anywhere between US $2500 and US$6000 per month ( depending on the size of the property).

This forum is for discussion of individual REO's only.

Tenants can be difficult and the worse the landlord is at landlording, the more difficult the tenants will be.Flipping is good for generating fast cash.

Please note this does not generate "cash in your pocket".

Flipping and wholesaling tend to generate lumps of cash.

If this house will generate 6% of the acquisition cost in monthly gross rents, you should already have it under contract!

Welcome Josephine,I hope to see you around in some networking sessions very soon.With myself be a newbie, I to am looking for some like minded individuals in the area to connect with and learn with.Good luck to you...

I've been a homeowner for 14 years and in 2006, I purchased my first rental property generating a positive cashflow of $230.00 a month.

Properties here do not appreciate very much in value but because of the low price of the homes I can generate a nice cash flow even after expenses.