Take that into consideration before you throw down those benjamins!

Are you just throwing an offer to the owner?

. $200,000 in equity in all these houses I don't know the FMV of these units or how much rent they're throwing off, but I can tell you this: That isn't jack for equity!

not trying to bust your bubble, but I just wanted to throw some thoughts out there that you should think of.

I've seen numerous examples where various folks try to make a bad deal look better by throwing in long term appreciation.

I've been partial to BB heat, OUTSIDE of the worry that a tennant will throw something over the unit, and catch the place on fire, that's my main worry.

It is already cash flow positive and will be throwing off a little over $15k a month in positive cash flow in early 2009.

Now if they were in fair/poor condition, that's another thing, but if they were close to being what is normal for that area, you can not ignore them unless you want to loose money.Having said that, if you want to throw away your money, I can give you my address and you can send it here.

by the way ive been throwing the word finance around so much without even realizing what does it really mean.also, im not really trying to start a business in real estate. unless you call buying houses and renting them out a business, then in that case pardom me for my ignorance!

SInce Quickbooks has already been posted, I'll just throw out another piece of advice to keep you on top of things.When you get stuff in the mail that needs a reply back, do whatever needs to be done and mail it back to them ASAP.