But there is no loan balance after a foreclosure.

I treat tenants like customers so if they need something I am quick to resolve in a balanced manner.When I think of turnovers, they aren't 6months but 2-3 yrs.

Does that mean that the total of the original loan was for 300k, and that I'd be paying the balance?

Right now I'm simply learning as much as possible from books and podcasts while I get my balance sheet looking as good as I can.

You're bound to find a seller who things that's attractive and will do it at the 25% amount you need to cover the balance.

They may choose not to pay, but depending on how your lease is written, you can either pay the oldest charges first (when next months rent rolls in) and start charging the late fee on the unpaid balance, or just wait until move-out and deduct the charge from the security deposit.

There are plenty of other places to cut money and balance the budget without touching the bulk of military spending.I am also fine with fighting people smuggling things in via boat, planes, alien spaceships, or whatever form they take.

You need much lower prices to decrease the inventory and return to a balanced market.

They couldn't have bought a home before 2000, either.People who were only able to buy in with the bubbly loans, got into a highly leveraged situation, or who lost their shirts on overpriced houses may not buy again for a while, either.Many more folks will struggle to pay of a loan with a higher balance than the value of their house.Many folks will have missed out on this entirely becuase they bought before the bubble, and didn't refi over their heads during it.I do think its possible net demand for houses will fall to a point below where it would have been had the bubble not occurred.

I assume you put in your contribution each year at the beginning of the year, you earn the specified rates of return on your entire balance and new contributions for the entire year, and inflation increases the value of your holdings for the entire year.Given those assumptions, you need to contribution $60,000 each year with a return of 15%.