Even if the property was local and you loved being the hands-on manager you still need to budget for an external property manager.

Because I'm an investor, I'm willing to entertain creative offers, since I'm familiar with them.Can anyone give me some insight here?

So, as long as you budget for that end-of-year payment, you can have the use of that money throughout the year.

If you put in the time to learn and are open to travel (not required but still budget for it) then it could be possible.

Second, you should be budgeting monthly for the future repairs.

Carrying costs while rehabbing the house (monthly mortgage note, credit card payments and utilities) came out of our already overstuffed budget.

Hi,I am planning to buy a Mobile Home as my budget is small but I would like to own a home as I am fed up of paying rent month after month.

You need to budget a similar amount, since, as you're finding, houses are always having something go wrong.$1500 is a lot for a hot water heater, assuming you mean the hot water heater and not the boiler for hot water heat.

There's some pretty good reviews of it the book forum.Its inspired me to create website based on their budgeting system.

Enjoy quilting, entertaining, gardening, and hauling kids to all their activities.Hope I can add to these forums....