I forgot to switch my taxes from homestead millage and they would be closer to 3k, increasing the NOI to around 8k as you projected.With this situation and my purchasing requirements, what are options for turning this into a reasonable investment and at the very least not a liability?

I've heard from many people that rents tend to increase with inflation, so rental property is kind of an inflation hedge.

Month after month, the tenant is paying down my mortgage at an increasingly progressive rate.As for my new property 30 years down the line, who says I'm gonna hold the property 30 years?

I am hoping to get some opinions on the metro area REIAs.I am looking to begin rehabbing/flipping homes in the coming year and right now I would like to do some face to face networking as well as increase my knowledge base.I hope to hear from people who have attended both CAREI and IRR meetings (maybe there are other metro are groups I am unaware of) who could compare them.

Has anyone ever LO with a seller, fixed up the property, and then lease option with a tenant buyer for the amount of the increased value?

I took a look at the average rents for an area I'm interested in getting more rentals and the increase in rents from a 3 bed to a 4 bed was dramatic.

My opinion, just about every property "can" be a good deal... you just have to accept that "good" is entirely relative to the property.Because of location it may take longer to rent, attract a lower quality tenant, have a more transient population, demand lower rent... etc.As long as you've taken all those things into account and STILL have a good price, why wouldn't you buy it?

You should have asked to consolidate the 3 Cap One cards into a one account (the oldest), asked for a credit line increase above the original $3500, and asked them to waive the annual fee (or whatever fee caused you to close the accounts).

They started companies to serve a need - to serve a segment of the population that wanted to invest but wanted to do it completely passive.Again I have never used a turn key company.I just know based on many accounts of others buying through them that many times it does not work in their favor.REPLY FROM ME:Horror stories are what are always told and I know for fact they happen, but not all are the fault of the company.

What proactive measures do you take to increase profitability on your rental units?