If your property depreciates after you purchase it (in a declining market), it won't matter nearly as much to you as long as you have positive cash flow.

Just in my situation it would nearly be like putting the cart before the horse.

"[Carona] has reimbursed from campaign funds nearly $600,000 to two of his companies for various services, including rent, in recent years," despite the fact that, "it has been almost a year since the Texas Legislature made it illegal for lawmakers to use political funds to rent property from themselves or their spouses."

Does anyone know of a good REIA near Downey, CA.

#30 - Keep to your word. so many "professionals" in real estate do not know how to keep their word or they are constantly overwhelmed with work.

Ryan, in response to your question - I am in the near west side (ohio and ashland).

Maybe we can network in the very near future.I'm @ Layan Gardens, near the laguna.Drop me a mail and we can chat about future opportunitiesRegardsTony

"Bad debt" buys stuff/junk that either incurs meaningless debt service or is "wasted" from a financial independence perspective.If you buy some income-producing property where the annual loan constant times the LTV is less than the capitalization rate you will get positive cash flow.

I like a substantial cash cushion but am only getting 3% for online savings, and my first rental interest rate is nearly 7%.

Being from the Cleveland area and living there for nearly 30 years, the "rust belt" issue was over years and years ago.