I recently lost job in IT after 20 years and would like to start fresh in real estate investing here in the mid hudson section of New York.

If we ignore the commercial side and just look at our properties considered residential from a mortgage perspective, we pay just shy of $4500.00 / year in premiums on an appraised value of ~1.45 million.

Either that or just sell and take the tax hit now, get it over with and start fresh.

Retail buyers see them maybe two or three times in their life so from a business perspective it makes sense to take care of the people that feed you.Jeff

I've read several dozen of your posts over time, and appreciate your developer's perspective on BP.

I have a few ideas for future mailings to keep things fresh and save some $$$.

Depreciating that over 27.5 years means the annual depreciation is $17.5k and the monthly amount is $1,450.From a cash flow perspective, is the following correct?

We used Thompson's WaterSeal Waterproofing Stain semi-transparent after we pressure washed it as it says "applies to freshly cleaned damp or dry wood."

There is a difference in a Short-run of " Strong Demand" and a Market ready to bring in fresh Buyers and Regularly turnover existing inventory.

Even if you charge off an auto loan, its almost impossible to overcome.In my opinion, this type of situation is exactly why the term on a loan should never be longer than 5 years at which time the ability to qualify for the loan should be reevaluated. 30 year terms are insanity from a banks perspective.