they get the point you buy houses, space out the mailings as far between as you can and still maintain effectiveness.had you cut the follow up to four months in between you can have been pounding other demographics.

If you maintain those properties well, and you buy 10-15 of them, after 3-5 years you can have a nice chunk of money every month.

In my mind, most higher income folks who can afford a big rent payment may have owned property before, or are at least familiar with the notion of maintaining an asset.

I first stumbled across your site in 06, and recently became more active.I just wanted to say thanks, as an owner of 5 sites myself, I know how much of a pain it can be to maintain a site, much less moderate the content.

You retain some portion of that to maintain your working capital, and distribute the rest to your investor.You will certainly give up a big chunk of the potential profits to your investors.

Either you're going to be very busy managing and maintaining that many units or you're going to have to hire help.

You want to pay hundreds of $ to form an LLC and hundreds of $ more to maintain the LLC to hold title to your property just so you won't have capital gains taxes withheld from the sale proceeds when you sell the property -- capital gains taxes that you will have to pay anyway when you file your tax returns?

Most county clerks maintain a website with property records that are often available to the public online for free.

Assuming 70%, there is only $28/unit/month left for a payment.If you were to get expenses under control, which largely means billing the tenants for utilities, while maintaining the current rents, it would be worth about $630K.

I'm sure it's only a matter of DAYS until I get the letter from the HOA about failure to maintain the yard....then what?