Refinacing single family rental property.

[MichaelG]

Sure.
He pays his rent on whatever payday comes before the first. Last month he paid on the 19th. He asked permission to paint the house with the left over paint I had from painting it four years ago.

I am thinking about just renting until the financial market turns around. He might be able to get approved for traditional financing.

[MichaelG]

My renter has really quieted down about wanting to buy my property. Which is good because I am losing interest in selling it. I am receiving steady positive cash flow. the land value is appreciating. I am depreciating the house on my taxes. I have an asset that someone else is paying for.

With the positive cash flow I am buying stocks that will appreciate over time and pay good dividends. With the dividends, I buy more stock. How do you calculate the ROI on stocks that someone else buys for you?

[admin]

Originally Posted by MichaelG

My renter has really quieted down about wanting to buy my property. Which is good because I am losing interest in selling it. I am receiving steady positive cash flow. the land value is appreciating. I am depreciating the house on my taxes. I have an asset that someone else is paying for.

With the positive cash flow I am buying stocks that will appreciate over time and pay good dividends. With the dividends, I buy more stock. How do you calculate the ROI on stocks that someone else buys for you?

You calculate the ROI with a smile on your face. You have just explained the benefits of owning cash flowing real estate. Got to love it!

[MichaelG]

With the week economy my rental income stays the same. I am able to buy more stock with the income. With the increase in foreclosures there are more bargains to buy more rentals, and there are more people forced to rent rather than own there own home.

[admin]

Watch out Mike the media might come and get you they don't want you to ruin their the sky is falling report's ratings.

[MichaelG]

I'm buying straw hats this winter...I know the sun will come out again. When it does...I will have hats for sale.

[clintonbaisley]

Some investors are eager to purchase single-family homes in foreclosure, hoping to take advantage of low prices and then turn a profit by renting the properties to tenants. But many of these buyers are not experienced landlords, and even experienced landlords often fail to consider crucial factors that will make the purchase of a foreclosed home a success or failure as a rental property.

[admin]

Originally Posted by clintonbaisley

Some investors are eager to purchase single-family homes in foreclosure, hoping to take advantage of low prices and then turn a profit by renting the properties to tenants. But many of these buyers are not experienced landlords, and even experienced landlords often fail to consider crucial factors that will make the purchase of a foreclosed home a success or failure as a rental property.

Clinton,

What is your point here or do you not have one and looking to post solely for the back link?