If a homeowner finances you his property for 100k and you agree to pay him 100k but he owes 50k, and he has been paying for the property for 20 years, if you keep paying the mortgage payments and you agree to pay him 100k in 5 years.. who will get the principal reduction?

Big fat zero since 2016.

There is a lesson in here with for the bright young men & women who are today being brainwashed on YouTube and other forums to detest and shun higher education and professional 9 - 5 jobs by “gurus” who obviously don’t want too many smart sophisticated people around on this planet so they can sell their generic advice for a fat fee.

Manuel Acuna: I've been guilty of this myself, If you want people to read your post you've got to cut out the fat and keep it short.you look to be giving great advice here.

I put tenants in one of my rentals a couple of weeks ago with 800 ficos, 2+ years on the job & a fat downpayment.

Yea I buy the fat marker, the stakes and the plastic signs and they do everything.

I ended up getting a reduction in price because of the copper plumbing and wiring theft, so I wasn't too upset, just irritated at the additional time it would take for repairs.Then, literally the day after my electrician finished repairing/replacing the damaged wiring, it got broken into again. 

You actually remind me a lot of me :mrgreen: a couple of fat white guys who listen to gangsta rap LOL!!!

Leverage increases your purchasing power to build wealth faster while someone else (the tenant) services your debt and allows you to enjoy the fourth benefit of investment real estate -- principal reduction.@Ned

For instance, average rent is $825, say you go for a slight reduction at $815.