[SmellsFeeshy]

[quote=PadreBrian][quote=sunny88]The problem is that you need to come up with $150k in cash. Even if you finance 70% of the purchase price you can break even and wait until the prices go up again. The prices have increased slightly over the last few months and should improve further over the next few years.[/quote]

Looking at the numbers, even at 70% down, after business expense write-offs, you can still make money.

Rental income: +1200
HOA + Ins: -300
Maintenance: -200
Mortgage: -600
Deductions: +200 to 300

Net: +400 to 500 a month.

[/quote]

I think Sunny88 was saying that it would be break even at 70% financing (i.e. 30% down), not 70% down.

In any case, this is all moot as I understand because of the lawsuit you have to pay 100% cash at Lucera anyways.

[SmellsFeeshy]

[quote=PadreBrian][quote=sunny88]The problem is that you need to come up with $150k in cash. Even if you finance 70% of the purchase price you can break even and wait until the prices go up again. The prices have increased slightly over the last few months and should improve further over the next few years.[/quote]

Looking at the numbers, even at 70% down, after business expense write-offs, you can still make money.

Rental income: +1200
HOA + Ins: -300
Maintenance: -200
Mortgage: -600
Deductions: +200 to 300

Net: +400 to 500 a month.

[/quote]

I think Sunny88 was saying that it would be break even at 70% financing (i.e. 30% down), not 70% down.

In any case, this is all moot as I understand because of the lawsuit you have to pay 100% cash at Lucera anyways.

[SmellsFeeshy]

[quote=PadreBrian][quote=sunny88]The problem is that you need to come up with $150k in cash. Even if you finance 70% of the purchase price you can break even and wait until the prices go up again. The prices have increased slightly over the last few months and should improve further over the next few years.[/quote]

Looking at the numbers, even at 70% down, after business expense write-offs, you can still make money.

Rental income: +1200
HOA + Ins: -300
Maintenance: -200
Mortgage: -600
Deductions: +200 to 300

Net: +400 to 500 a month.

[/quote]

I think Sunny88 was saying that it would be break even at 70% financing (i.e. 30% down), not 70% down.

In any case, this is all moot as I understand because of the lawsuit you have to pay 100% cash at Lucera anyways.

[SmellsFeeshy]

[quote=PadreBrian][quote=sunny88]The problem is that you need to come up with $150k in cash. Even if you finance 70% of the purchase price you can break even and wait until the prices go up again. The prices have increased slightly over the last few months and should improve further over the next few years.[/quote]

Looking at the numbers, even at 70% down, after business expense write-offs, you can still make money.

Rental income: +1200
HOA + Ins: -300
Maintenance: -200
Mortgage: -600
Deductions: +200 to 300

Net: +400 to 500 a month.

[/quote]

I think Sunny88 was saying that it would be break even at 70% financing (i.e. 30% down), not 70% down.

In any case, this is all moot as I understand because of the lawsuit you have to pay 100% cash at Lucera anyways.

[SmellsFeeshy]

[quote=PadreBrian][quote=sunny88]The problem is that you need to come up with $150k in cash. Even if you finance 70% of the purchase price you can break even and wait until the prices go up again. The prices have increased slightly over the last few months and should improve further over the next few years.[/quote]

Looking at the numbers, even at 70% down, after business expense write-offs, you can still make money.

Rental income: +1200
HOA + Ins: -300
Maintenance: -200
Mortgage: -600
Deductions: +200 to 300

Net: +400 to 500 a month.

[/quote]

I think Sunny88 was saying that it would be break even at 70% financing (i.e. 30% down), not 70% down.

In any case, this is all moot as I understand because of the lawsuit you have to pay 100% cash at Lucera anyways.

[SmellsFeeshy]

I asked this same question a few months back:

http://piggington.com/ot_movers_and_washerdryer_rental

I ended up using Reliable Man Movers and they did a good job. I would definitely recommend them.

[SmellsFeeshy]

I asked this same question a few months back:

http://piggington.com/ot_movers_and_washerdryer_rental

I ended up using Reliable Man Movers and they did a good job. I would definitely recommend them.

[SmellsFeeshy]

I asked this same question a few months back:

http://piggington.com/ot_movers_and_washerdryer_rental

I ended up using Reliable Man Movers and they did a good job. I would definitely recommend them.

[SmellsFeeshy]

I asked this same question a few months back:

http://piggington.com/ot_movers_and_washerdryer_rental

I ended up using Reliable Man Movers and they did a good job. I would definitely recommend them.

[SmellsFeeshy]

I asked this same question a few months back:

http://piggington.com/ot_movers_and_washerdryer_rental

I ended up using Reliable Man Movers and they did a good job. I would definitely recommend them.

[SmellsFeeshy]

HRB is actually a pretty entertaining show. Couple comments about it:

1. It’s crazy that when doing all these stunts they don’t wear any kind of face/eye protection at all. There was one episode where one of the guys breaks a sliding glass door/window by jumping through it headfirst. Those guys are nuts!

2. G4TV is a pretty low budget station. I’m wondering how they can afford to let the Pumphreys break all that stuff. Granted it looks like most of the buildings they destroy are teardowns anyways but still it’s gotta cost a lot of money to make that show. Maybe G4 isn’t paying the bill for it. Hope they make a season 2.

3. The nurse is pretty hot. They should show more of her :).

[SmellsFeeshy]

HRB is actually a pretty entertaining show. Couple comments about it:

1. It’s crazy that when doing all these stunts they don’t wear any kind of face/eye protection at all. There was one episode where one of the guys breaks a sliding glass door/window by jumping through it headfirst. Those guys are nuts!

2. G4TV is a pretty low budget station. I’m wondering how they can afford to let the Pumphreys break all that stuff. Granted it looks like most of the buildings they destroy are teardowns anyways but still it’s gotta cost a lot of money to make that show. Maybe G4 isn’t paying the bill for it. Hope they make a season 2.

3. The nurse is pretty hot. They should show more of her :).

[SmellsFeeshy]

HRB is actually a pretty entertaining show. Couple comments about it:

1. It’s crazy that when doing all these stunts they don’t wear any kind of face/eye protection at all. There was one episode where one of the guys breaks a sliding glass door/window by jumping through it headfirst. Those guys are nuts!

2. G4TV is a pretty low budget station. I’m wondering how they can afford to let the Pumphreys break all that stuff. Granted it looks like most of the buildings they destroy are teardowns anyways but still it’s gotta cost a lot of money to make that show. Maybe G4 isn’t paying the bill for it. Hope they make a season 2.

3. The nurse is pretty hot. They should show more of her :).

[SmellsFeeshy]

HRB is actually a pretty entertaining show. Couple comments about it:

1. It’s crazy that when doing all these stunts they don’t wear any kind of face/eye protection at all. There was one episode where one of the guys breaks a sliding glass door/window by jumping through it headfirst. Those guys are nuts!

2. G4TV is a pretty low budget station. I’m wondering how they can afford to let the Pumphreys break all that stuff. Granted it looks like most of the buildings they destroy are teardowns anyways but still it’s gotta cost a lot of money to make that show. Maybe G4 isn’t paying the bill for it. Hope they make a season 2.

3. The nurse is pretty hot. They should show more of her :).

[SmellsFeeshy]

HRB is actually a pretty entertaining show. Couple comments about it:

1. It’s crazy that when doing all these stunts they don’t wear any kind of face/eye protection at all. There was one episode where one of the guys breaks a sliding glass door/window by jumping through it headfirst. Those guys are nuts!

2. G4TV is a pretty low budget station. I’m wondering how they can afford to let the Pumphreys break all that stuff. Granted it looks like most of the buildings they destroy are teardowns anyways but still it’s gotta cost a lot of money to make that show. Maybe G4 isn’t paying the bill for it. Hope they make a season 2.

3. The nurse is pretty hot. They should show more of her :).

[Author]

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