Originally I planned on becoming a pharmacist in order to invest in real estate but I figured that cost way too much time and money in it self and it would be a waste to switch field later on in life.I have read quite a few books in real estate such as " the automatic millionaire" by David Bach, "Guide to investing" by Robert Kiyosaki, "building Wealth One House at a time" by John Schaub, " Real estate investing strategy" vol 1.2.3 and "How to get started in Real estate investment" by John T.

It's not illegal to have the ability to remember what cards have been played, constantly recalculate odds, and adjust your play accordingly, but it removes most of the advantage the casino has.

There is a brand of dishwasher (can't remember which one) that sits up a little higher and has longer adjustable legs on the bottom for just this problem.I once had to replace a dishwasher in a house that had custom tile counters and a built up tile floor.

A deal is a deal.There is something else i figured out when deal with sellerswhen you take the time to get in your car and go to their house and listen to them talk about what they want to talk about they price they were fixed on automatically drops without you even asking.I spend alot of time on email and on the phone.

When you buy a new list the names get loaded as leads and automatically matched against those already in the system to prevent mailing to those who've asked to be left alone.

I've read that 8% is a realistic and fairly conservative cap rate, so it would seem that someone could retire owning $500k in rental property free and clear and live off the income as long as they need (approximately $40,000 per year, while rents could then be adjusted upward for inflation as time goes by).

Hopefully they are open to make adjustments if it is low

You may be able to gauge how they react so you can adjust it before you spend a couple hundred bucks mailing out to the masses.

I guess i can adjust later.  

If you negotiated to extend that to a 30 year term then you would see about $140 more per month (given the same 63,000 and 7.5%)  \which would now automatically put you in the green.