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  #11  
Old 04-26-2007, 12:22 PM
Al_Money Al_Money is offline
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Default Re: Investing for ssnlers: my 3 year anniversary gift to ssnl

bookmarked, thanks for this post.
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  #12  
Old 04-26-2007, 12:34 PM
RRiccio RRiccio is offline
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Default Re: Investing for ssnlers: my 3 year anniversary gift to ssnl

This is the most useful post I've read in a while. Pure gold.

Thanks Snowbank.
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  #13  
Old 04-26-2007, 12:35 PM
MasterLJ MasterLJ is offline
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Default Re: Investing for ssnlers: my 3 year anniversary gift to ssnl

Nice post, I sort of skimmed it.

Some things you have to include when renting multiple properties is vacancy and maintenance. These are costs to the property owner and can be significant.

I'd say maintenance is $100-$200/month per house and a fair vacancy rate is generally 5%-10%.
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  #14  
Old 04-26-2007, 12:44 PM
craigthedeac craigthedeac is offline
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Default Re: Investing for ssnlers: my 3 year anniversary gift to ssnl

really sweet, something i've been interested in

thanks a lot!
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  #15  
Old 04-26-2007, 12:45 PM
Austiger Austiger is offline
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Default Re: Investing for ssnlers: my 3 year anniversary gift to ssnl

[ QUOTE ]
This is the most useful post I've read in a while. Pure gold.

Thanks Snowbank.

[/ QUOTE ]
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  #16  
Old 04-26-2007, 12:50 PM
sh0wtime sh0wtime is offline
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Default Re: Investing for ssnlers: my 3 year anniversary gift to ssnl

NH
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  #17  
Old 04-26-2007, 12:54 PM
Jay Riall Jay Riall is offline
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Default Re: Investing for ssnlers: my 3 year anniversary gift to ssnl

With Claytons example - can a pro poker player easily get a mortgage like that? Also, I take it he is just paying the interest on these loans, so he gets the downpayment and the appreciation back for himself? Sorry if my questions are obvious.
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  #18  
Old 04-26-2007, 12:56 PM
Bang A Gong Bang A Gong is offline
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Default Re: Investing for ssnlers: my 3 year anniversary gift to ssnl

I don't really know what Roth IRA is. Some kind of pension? I live in the UK, same thing there?
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  #19  
Old 04-26-2007, 01:19 PM
James282 James282 is offline
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Default Re: Investing for ssnlers: my 3 year anniversary gift to ssnl

great post bud, thanks for directing me to it.

James
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  #20  
Old 04-26-2007, 01:33 PM
skegvegaspoker skegvegaspoker is offline
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Default Re: Investing for ssnlers: my 3 year anniversary gift to ssnl

[ QUOTE ]
I don't really know what Roth IRA is. Some kind of pension? I live in the UK, same thing there?

[/ QUOTE ]

ISA's here I believe.

And Jay, told you this before, but my experience is that UK mortgage lenders will not even look at you for a 10% deposit mortgage if your income is solely poker related (a select few might consider it with a very high paid and fairly young guarantor).
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