I understand that under Clinton's gov, restrictions were taken off the banks that caused the financial crisis, that Obama conveniently blamed Bush for... logical since housing prices typically rise for 10 years before they dip. timing is everything.I understand there is prophecy in the Holy Bible concerning a world government and that may shed some light on all of this.re: obama is the maximum puppet, yes he is, entertainment industry 100%.according to Wikipedia, Clinton was impeached. could Obama be impeached?

I am going tomorrow to meet with my Real Estate Investment Attorney for the first time, and I want to make sure he understands my concerns when we write up a Standard Purchase Agreement for me to use with all my deals in VA, MD, and DC.Thank you for your help.Nancy

What about the city or county concerning tax liens?

Here's an interesting article from the Times of London, covering Obama's overexposure & overexpectationsDemocrat anger at Obama overkill: Concern is mounting at the president’s tactics

Obviously, you didn't list all the expenses that you will incur, but the amount of money you allocated for expenses (in which you included the mortgage payment), seems to be adequate (other than the utilities issue).Here's how I would evaluate this deal:Gross rents: $5,400Operating Expenses: $2,700NOI: $2,700Mortgage ($150,000, 30 yr, 7%): $998Cash Flow: $1,702 per month or $130.92 per unit per month (very good)Again, my big concern would be the utilities.

I am familiar with the idea of consideration and am not too concerned about it.

I might as well take it out in full as planned.Don't think I can switch my inher IRA to a Roth IRA without having to pay the taxes.I'm not that concerned about earning income on a tax deferred basis (IRA, 401k, etc.) would rather earn income and pay the taxes as I go. they'll be lower now then they will in 3,5, or 10 years.

I'm actually concerned the house was not winterized as I never saw any smoke coming from the vents.Anyhow, as I had mentioned, I saw the foreclosure noticed posted.

Ive got my first Rental Property up for rent this month.Ive done alot of research and just wanted to see if these numbers seem realistic to the Pros.Rentals in the area for a home similar to this one got for $1200-$1350Monthly Cash Flow StatementGSI: $1300Credit Loss: -$26GOI: $1274Operating Expenses:Taxes: $208Ins: $104Alarm: $50Repairs: $25Misc: $12.50HOA: $12.50TOE: $412NOI: $862ADS: -$754CBT: $108My main concern is the Repairs and Misc expenses.

Forget the option b/c then the seller won't take you as seriously..as far as most sellers are concerned, you're either buying the prop or you're not.