So, lets totally ignore this aspect.If you're living in it for a year, I assume you're getting some sort of conventional financing.

I pointed out that with the late charges the total was $X.

[i]Hi All,I am new on here and wanted to start off this relationship by wishing each and everyone of you a very Merry Christmas and a very, not only Happy, but Rewarding New Year.I am totally new at investing, even though I gathered (I also studied!)

Weathie: Thanx for the response, you are totally right, this property will never be a winner in terms of cash flow and its keeping all my money tied up, I guess it's just hard to sell it since it's been in the family for over 20 years (you know how it is, emotional ettachment lol) As for the triplex thing everything was done by the book, 3 appartment approved by the city and ive got the right zonage so no problems there.Here's my financial situation : I have a full time job earning me 43 000$/year plus benefits, I've got no debt whatsoever, and I don't have any savings except for the money in this property, a small 3000$ in the bank and my retirement account wich I can't touch.

That means that the 95% of students that didn't have goals, only made 5% of the total money generated by all of the students. 7.Act as if you have already achieved your goals?

I totally disagree about TV...

Payed 15k for the place, but put alot into it.Anyway..He is asking 199k, which I am not going to pay.Rents would be 650,650,725, and 150 for the garage total of $2175I figure expenses at yearly: heat 4000,my electric 1500, sewer trash water 2500, other expense approx 1500. total of $5540Taxes are $3988 year.

Where I live in the Palm Springs area, the market is in total free fall.

Say you are developing a building in NYC. 5 floors lets say with 10 apartments total.

And you want a minimal rent credit.When you do the lease option with the TB, you want two separate agreements, one for the lease and a totally separate one for the options.