Either I suck or the old addage always bet on black doesnt always work.

That is exactly the conversation I had with a friend of mine.We bet there are many in the gay community who are outraged that the rest want to make "marriage" possible.They are thinking, "sorry honey, the state says we can't get married, I would if I could" and in the back of the mind is thinking, "great, I don't have to give my partner 1/2 in case it doesnt work out"

if you go on line and review the foreclosures pending in S.C. many of them are Home Owners Associations.

Mach, I think you're wrong.....I've been betting it's 1-2 years down the road in this instant gratification society.

Originally posted by **********:Mathew wrote: "I'd like to know your system or how you cashflow on your properties" I BET!

You may make it out ok, but I bet it won't be as much fun as you thought.

He still would like to purchase one or two houses on our own per year.How it works with the investor is:For example the investor gives $300kWe get 7 rentals x $500 per month $42k per year ($500 is low and this is for 12 months and we know if having 7 properties all occupied for 7 months is VERY unlikely.He gets 12% of the $300k ($36,000k per year) and we split the difference.After 4-5 years - we put all the properties on the market...and say we sell everything for $500k - he would get the $300k he put in and we would split the net 50/50What do you guys think.This is not a person I found online or through the phone...

I bet that he will be just fine!

Anyone have any experiance with this company or Michael Kimble, Saw his info online. " the rei marketing guy"?

excellent points....I kind of forgot that the HELOC rate could change....mine has a locking option as of yet, so that could help me hedge my bets...thanks for the reply.