Full Time here.Prior occupation before entering the world of being an entrepenuer..US Air Force!

If you seem lazy they will drop you like it's hot. setting goals, having benchmarks and a business plan is very important.

If you buy for less (like you advocate) you have equity.Why get all hot under the collar about the math?

I would also love to find out what the hot zip codes are in NOVA, DC, and Prince Georges Counties for investors these days.

It was white hot during the big boom a couple years ago but prices dramatically fell and we got it for well below comps.

As I'm sure many of you know real estate is strong here in Austin. We work a lot with investors, everything from land deals to cash flows and flips. Just wanted to see if anyone was interested in the area and needed...

mkazee thats a hot concept that I never thought of before

I'm hesitent to join the REI club in georgia just yet, because the memberships are sort of steep for my current up in the air financial situation.I did have an interesting meeting with a close friend yesterday - apparently she's wanted to get into REI for a while, but she doesn't want to "bother herself with the details".

20 Unit Brick Apartment, Pitched Roof (new x 5 years) Separate metered utilities (owner pays none)All electric central air/heatNo Vacancy, waiting list to get inDebt service: Asking 750,000 Get for 680,000680,000 at 10% down 7.75% 30yearYear:2007Scheduled Gross Income:$125,400 Vacancy: $3,000 (never know) Effective Gross Income:$122,400 Maintenance: $8,000 Taxes: $2,809 Insurance: $8,000 Management/Grounds/Misc: $18,502 Total Expenses: $37,311 Net Operating Income: $85,099 Debt Service: $53,573 Pre-Tax Cash Flow: $31,526Monthly Per Unit Cash Flow: $138.202 bed 1 bathNo.

I give the address, amount of any mortgage(s), number of bedrooms and bathrooms, the square footage, cost of taxes and insurance, type of heating and air, comps from the area, and a list of recommended contractors, electricians, etc. that I know personally.