I'm not a fan of the negative cash flow.

The other was taken from data that only included multi unit apartment buildings and that is where I find the 50% rule to be the most accurate, again, with adjustments needed depending on market and other conditions.When I first came to BP, I was not a fan of the 50% rule as far as single family homes are concerned and I had only used it for apartment buildings.

I also am not a fan of office condos.

Big fan of GR, lots of cool lofts going up around the city!

We have some great people and with all of our talents combined will be able to help others grow with their own passions and dreams of Real Estate.

Everything cleaned up well, we replaced the windows, added new stainless appliances, installed a new glass tile backsplash and fresh paint throughout along with new ceiling fans and VOILA, we got it rented effective 3/15 for $1295/mo which is without a doubt the very top end considering this unit only has 1 bedroom.

It sounded like that had become a real passion for him and I got the feeling that real estate is now secondary.

Who I am (& Why I am already a Big BP Fan)I am Diane Bartley: work in IT by day, chase an almost 3 year old child during the evenings, and during the later evenings have started to plot our eventual exit strategy via a diversified portfolio that I am convinced needs to include rental properties.

Personally I am not a fan of debt.That investment property looks a bit risky also.

RE has become a driving passion of mine and I'm absorbing as much as I can.