Seems like raw land is very affordable in the area

If he were really a good handyman, he would afford market rate and he would charge for his work like a professional.

1) Create a new term sheet that splits up the equity between yourself and your partner in accordance with their percentage of ownership. 2) Decide who will get what type of financing - if one person wants fixed rate financing while another prefers adjustable-rate financing, it's best not to mix them together because they have different risks associated with them; 3) If there are multiple investors, make sure everyone has an updated agreement reflecting the changes in ownership percentages; 4 ) Have a conversation with the person who is going to be taking over the loan and make sure they understand what type of loan they can afford to take on.

The joke was on him though I was almost broke and just made out my credit cards to pay for a new washer and dryer I had to replace due to his negligence.I can’t say I have not become slightly emotional on a collection call from time to time when I see new cars, new furniture, satellite TV, and no rent payments but… I’m not a perfect person.Alas, in the end RE has been good to me and I’m not about to break my moral code because someone else has no moral code.

-Can I afford the rent on both properties?

What a great alternative for affordable housing .

It’s going to see growth and included in that is “affordable housing”.

It might be tough in your environment just because rents are so high, so maybe look in a community just outside of where you currently are to try to find something a little more affordable.

Tenants have started hanging their own artwork on hallway walls and placing furniture along the walls in order to add their personal touches.

I’m consistence and diligent, spending 30 minutes looking for deals on MLS that I can afford to pay cash.