And this is a prime reason why the majority of people who invest in real estate fail from the beginning by paying too much.It only takes one bad tenant, a long vacancy, a roof, a furnace (you get the idea), to wipe out years of supposed cashflow at Rents - PITI.If you're considering a buy and hold strategy, real estate is a very long term investment, and buying at a price that at best, suggests a positive cash flow is critical.

I pay him the first $1500 of my share as tuition for his teaching me.He supposedly has a list of 1500+ investors and has been doing this for about 20 years.Is this a good deal?

At that point the county post the info in the news paper and it goes to county court (2 1/2-3 months) which in that case it goes to auction at the county steps (supposedly) if nobody buy its at auction (which in my experience nobody ever does) then it becomes your property.

I don't know how long this will take but they were supposed to close on Friday and now this!!

According to their information this is a viable method and supposedly they are making money with the lease assignment or coorperative lease program.

My landlord owned 4 very large houses in the city, in a rectangle, I suppose.

I got to 25 houses, quit my job and discovered the money wasnt going into my real bank account like it was supposed yo on paper.

I trusted someone and switched my HML to a supposed PML that was going to finance $30K more for a point less and 1.5% less than what I had locked down.

I have some people coming from Lowe's to deliver a refrigerator and I'm not sure if I'm supposed to tip.

Make everyone put in an equal share.Make sure everyone pays what they're supposed to pay, and not a penny more, and not a penny less (GE).Get rid of entitlement programs, domestically and internationally.