Originally posted by Shannon Shannon:Well...After this I don't think I'll continue to respond to those of you that aren't supportive of my quest because it seems I am constantly on the defensive and restating many of the same points previously made.

It basically means buying a low price based on current NOI, and then increasing NOI by rehabbing, putting in strong management, putting in better tenants, raising rents, building new revenue streams, etc.The increased NOI creates a higher value...

While this particular situation may not be a successful example of "challenging the system," I believe that I will better myself by constantly testing the standard(whichever we are talking about) against new theories and unorthodox practices.

Remember, a trickle turns into a puddle, that overflows and turns into a steady stream, that turns into a river, that runs into the ocean!!

Plus you'll then have TWO income streams - rent from your former residence and rent from the 4-plex.

Also, I apologize for any typos, as I constantly end up typing on my Ipad or phone.

By taking time to stream line my education, obtain the tools I need to succeed, I feel 100% better about the track I am on. :)

Over and over again they are telling me that they enjoyed the gains of the past few years in the stock market but see it long term as volatile and want to cash out the gains and put into something with a more reliable income stream where they know what they are getting.

I know the marketing director of this company,this is a typical turn key operator with all the same marketing information.Under state Operational costsOver state rental incomeand sell for top dollar.AS one will learn over time. low end cash flow is in certain big cities in the US... to be successful in turn key you need access to lots of low end distressed Real Estate ( constant deal flow) and a city with very high % of rental vs a vi homeowners.The reality is that most of the subprime and homeowners that were going to lose their homes have done so..

get ready to fix things constantly and get constant excuses for not paying rent.