In the position they owe for simplicity they owe a 100k and the house is worth 100k how would you present this to the bank and say comps are around 100k for the same square footage.

I recently attended the monthly local REIA meeting here in South Florida, and noticed a truck at the meeting that had a number to call about RE investment trainee position.

What positive cash flow you got is now taken away by the repairs that you have to make - so you can get someone else in there.

Our own house is in a good position though since we bought it 8 years ago and didn't refinance it up the wazzoo like many of our neighbors did.

Right now I'm in a really good position to help folks on the web snd prefer it as I'm not chasing and everybody loves me... less stress.

But everything is still too high there. also, I DO expect to make a positive cash flow.

I love doing that and will continue to do it, but I've been interested in real estate investing for many many years and have done lots of reading but was never in a position to actually do it (or at least I thought)... everything else took precedence.

If the billionaires have an eye on where you're at, you may be positioned quite well there.

I'd like to see how a $150,000 house bought near retail price has a $150 positive cash flow each month!

I plan to buy them extremely low...It wont make me a millionair but I know the rents and I figured I can bring in a decent positive income if I buy them low enough.