You could potentially end up paying a massive 40% of your profits because of capital net gains.

I have both and the asphalt requires you to put away capital improvement funds, the gravel is yearly maintenance.

If not, I'm thinking I'll have to start considering flipping as a way to build up the capital to continue to add good cash flowing rentals (i.e. flip one, use the 20k towards the dp to add a rental that still cash flows $300 or more).

ATM we're pleased with our PM but we thought it may be good to diversificate.Maybe we will still invest in Tampa but in France letting all the eggs in the same basket is kinda double or quits.I've done a lot of research myself on the web to draw some rough lines for our next move.As you may guess, we want a passive investment as the primary goal is to maintain our capital.

became an unintentional landlord 3 years ago on oct 1st. wanted to share with you the tracked expensed over past 3 years.rent $900, $925, $950, $975 (tenant renewed 10/1/2012 for 4th year)Per month average over 36 months: $626 P/I/PMI $199 HOA$116 Repairs/capital improvements$ 6 Vacancy$ 114 Taxes/Insurance$1062 Total Expenses + debt paymentcurrently -$86/month cash flow(this is why you do not buy a condo &, for newbies, to have reserves for the unknown)

The seller will report a portion of the buyer's payments as a return of basis, a portion as taxable profit (capital gain), and a portion as interest income.If the seller owned the property free and clear.

If you are a GC with plenty of experience, capital reserves, opportunities for loan/LOC, then maybe it could work for you.

strip club capital of the world....be proud you two.Just moved to spring hill, wasn't enough water nearby in ocala....drew, what kind of law you in?

Also, debt investing tends to be shorter term, which is great if you are working with a smaller pool of capital.

I also included $1,500 in years 2,3,4 in my 5 year analysis to account for capital expenditures.Thanks for any input