I hope I'm looking at this correctly, but I am calculating just over $100/ door with tis 22K.

We also need to worry about inflation, as I can see a rise in interest rates on the way.

My wife and I would like to purchase the house next door to ours--an 1865 brick two family--an exact twin to ours (ours was converted to a large one family years ago).It was last purchased in 2006 for $272K.

Both agents suggested renting for a year or two, then when the market is rising, sell and buy.

I have an umbrella policy to cover me personally (accidents, collapsing porch etc) with my RE investments, would my personal policy be able to cover me in a suite rising from RE in an IRA?

Hello,I just came across a deal, not quite sure if it's a bank owned but I believe so because that's who's listed on tax record.There is 2 houses each on about 1/2 acre 3 doors down from each other.

According to that ad, which of course may not be reliable, the house rents for 850 and is in move-in condition.850 - 365.54 - 149.42 = 335.04/month profit (minus whatever other expenses I may be missing here.)If you go back and change that mortgage to a 30yr, at 7%, your monthly payment drops to 254.48, so your profit rises to 446.10/month (again, minus whatever additional expenses I am missing).Not a ton of cash but not a ton of work either, and presumably the value of the property increases with time and you build up equity in it without ever paying the mortgage yourself.So why is this such a deal and why hasn't someone grabbed it already?

I always told myself if another house on the block came on sale for a good price, I would certainly consider it.The house two homes from me recently had a foreclosure notice on the door.

I am married with a 2 year old little girl, I enjoy hanging out with friends and family, out doors, games, movies, music, etc.

you need to make sure you have enough circulation/venting or your pilot will not stay lit.leave closet door open and i bet it stays on.a more permanent solution is to add additional venting in the ceiling area.good luck