All Forum Posts by: Scott Weaner

Thanks Josh. I think I found the one that had been previously linked. I just had to do the proper Google search! What do you think of this one?

http://www.realestatecritic.com/

Several years ago I remember a link to a good investment property calculator. I cannot find it on the site now.

Does anyone know where to find it? I found it quite useful.

Scott

I love the sitcom Two and a Half Men.

I am confused. What problem does the OP have? Is the rent just not covering the loan/expenses? That would have little to do with the drop in value of the property. I think?

Jon, what if they went with owner financing with a low rate, like 3%?

If these ads help support the site I have little problem with them....as long as they are for legit products/services.

Well, I guess I have work to do before I pretend to be Mike again. You are right about taxes and insurance...I missed that.

You can plug the numbers into the property analysis tool on this site and see everything. You can manipulate purchase price, interest rate, etc.

I'll pretend I am Mike Rossi for a moment:

Rent: $850
Expenses: $425
Mortgage Payment: $673
Monthly Loss: $248 OUCH!!

I agree with Tom on the number of posts per page with "posts since last visit" view. Also, I am finding that when I try to go to the last post it takes me to the first post.

Here is what I found listed as an average daily diet for Michael Phelps:

Breakfast: Three fried egg sandwiches with cheese, lettuce, tomatoes, fried onions, and mayonnaise.
A five-egg omelet.
A bowl of grits.
Three slices of French toast with powdered sugar.
Three chocolate pancakes.
Two cups of coffee.

Lunch: A pound of pasta with tomato sauce.
Two large ham, cheese, and mayo sandwiches on white bread.
Energy drinks.

Dinner: A pound of pasta with tomato sauce.
Six to eight pizza slices (basically, a whole pizza!).
Energy drinks.