Most people on this site would believe that the majority of their retirement should come from real estate and that investing in the stock market is an alternative.

However it sounds like she spent the majority of her budget on back taxes and codes, all of which are currently up to date.

Later you can use your own when you have built your Roth/IRA as well as private and bank money.But do these things and you will be on a solid path and of course you will need to find your own way and make those mostly minor and occasionally major adjustments of your own - as well as use BP as a great tool to learn and move forward.Good luck!

So say tenant A consumed 60%, he will end up paying 60% of common area as well.Now, a new tenant came in on 1st of May but his meter wasn't installed until 11th May, we agreed that they will pay on pro rata basis.I am stuck calculating the bills now, and will need some major math work.Here is what i haveTotal Bill Amount 75,256 (don't worry, its not USD)Total units consumed 8752Bill Date 29th April to 29th MayVacant Unit in building - 106 Units consumedTenant A 1717 Units consumedTenant B 3541 Units consumedTenant C 2303 Units consumed for 19 days (11th May to 29th)Total 7667 UnitsCommon area 1085If i take 2303 Units and divide by 19 days, it gives me 121 Units a day and multiply that by 29, i will in total get more money from all tenants than combined bill, which is unfair.Please suggest a best way to calculate.

I, like the majority of the folks here on BP, was introduced to and became infatuated with REI after reading Rich Dad, Poor Dad by Robert Kiyosaki over 10 years ago and unfortunately allowed fear of the unknown to paralyze me from pulling the trigger.

She lives in Michigan and will likely be putting up the majority of the capital on the property to help me get started.

When it comes to selection an attorney, it might be helpful to know that the majority of bar complaints come from attorneys in practice more than 20 years followed by attorneys in practice less than 5 years.

Maybe…The house needs too many major repairs or is physically very outdated.Or… The decedent owed more on the house than it is currently worth or has a reverse mortgage.Or…The estate does not want to wait and would like an immediate cash settlement.Fact is, we will buy ANY probate real estate for cash.

There rent is too low for the market IMO and the major expenses that these units need is pretty high (new carpet/flooring in all units, new hvac, and one new roof).

You can ride to almost every neighborhood without crossing major streets.