A 5% rent increase is not going to cover the 37% increase in heating oil this coming heating season.

I'm learning more this way than having a buyers agent just spoon feed me the deals and cart me around.The only thing I want an agent for is to ensure the contract is drawn up properly and the offer letter contains all the contingencies to cover my ***.

Even though this has been a lot of posting, I'm glad that we're covering this topic in such detail.

Assuming that maintenance and repairs will cost 20% of gross rents (I believe this number to be way north of what it will actually cost) we arrive at $1,015 for maintenance and repairs.I will also have an extra $2,000 in a revolving CD ladder as a slush fund to fix whatever Murphy's Law throws at me.So:Gross rents: $5,076Taxes: $701Insurance: $766Debt service: $2520Maintenance and repairs: $1,015Cash Flow: $74I realize this will be basically a wash as far as cash flow for the first year, but I think I have all my bases covered as far as projecting what expenses will be.

You want their loan to cover all of this, so they don't have to come out of pocket at all, unless they choose to.

She could've skipped the whole degree and ended up with the job she has now.For myself, the degree definitely helped me get my job, and I make enough of a difference to cover my student loan payment and still come out ahead.But for me, my degree and current day job are just a means to an end.

That way I don't have to describe the property and explain the screening process to every caller.

(Use of end buyer's funds to cover both transactions).

This way I can relate to the renter and they know I not a greedy person I do anything I can to give them a better living at the same time they know I have to cover costs.

This would cover your part of the purchase so you could sell the same day to your buyer.