COIN-OP WASHER AND DRYER IN BASEMENT TO STAY. 2 CAR GARAGE FOR EXTRA INCOME.

Now take that extra actual annual tax amount difference and calculate what % of the gross rents it covers.

You said it is below market value so you have to make the decision if paying the extra 5K is worth it.

Anyway, I am making very good money as a 50% partner in an Unrelated industry now (with extra cashflow to invest).

I am assuming from what you wrote that he has already organized a bank loan for the development and is looking for investors to meet the extra cash requirements?

If I apply an extra $100 to my principal payment each month I will payoff the mortgage in 25 years instead of 30.

Too expensive :lol: I am not sure about other city's but here in NYC there are alot of areas which are landmarked or designated as historic and getting permits to even renovate thos buildings is very hard, so that's one thing I'd look out for if you live in a city/town with old historic buildings (everyone probably knows this anyway ha).

http://www.builddirect.com/ especially their marble/granite/slate prices....kitchen cabinets....a friend of mine went to lowes, special ordered the cabinets and then canceled the order and they gave her an extra 25% off because of the slumping sales....for equipment try out the pawn shops or again, networking....hubby gets top name stuff from a certain big box store ...he gets the stuff below cost.

Can't beat that... and yes I happen to have an extra Basic Appraisal Procedures book I'm not using;).)

Since the tenant's water/sewer bill will be lower due to the septic, is that an opportunity to jack up the rent and offset the extra costs of maintaining the septic system?