I had a client who had to re-plumb half of a duplex at a cost of almost $5000 because there was a leak in the slab because it was old galvanized pipe whereas the other half of the unit had new copper.

Kind of penny wise pound foolish.

If you don't have that, every penny after actual payment should go into that fund.

I rode it up from the $30s to above $150, and then all the way down to pennies.

When the Public REITs first entered the marketplace, the aura that surrounded their holdings was that it was a bunch of off-market deals being consummated in a smoke-filled room for pennies on the dollar.

Ever ask yourself why there are so many insurance company commercials all the time, that costs a pretty penny?

I'm a saving and a believer of a penny saved is a penny earned and have massed a decent sum of money investing in real estate, but I no where close to considering myself wealthy."

So I just need to save my pennies and this winter we can pay cash for a home in Vegas and call it a day...

The key with any model is "stick with your math" and don't pay one penny more than your math tells you to.

You know, the MFH value add deal with new appliances, a fresh coat of paint, playground equipment and so on—for about six grand a unit.