Well the FHA has a lot of different mortgage programs, but as general rule, most first time home buyer programs are designed for owner occupants.

Generally, throughout the United States, operating expenses over time run 45% to 50% of the gross rents.

You generally do NOT want Vector Control contacting you, so use good judgment.

In Australia, the lenders take the position that it's not possible to buy a genuine bargain, and the valuation for mortgage purposes is always taken to be "the lesser of market value and purchase price", meaning that this would be impossible, and on a $70K purchase one could only borrow $49K.But lots of things are possible in your market that aren't in ours - you're generally much less regulated - so I thought this was a question worth asking!

San Jose is a different beast for investing, and I feel my time will be better focused in easier areas that will generate positive cash flow.So it would be great to hear general stories of how you built your team, but the icing on the cake for me will be to hear about people who started with similar goals.Also, I realize each person on the team is important, but who do you consider most critical in getting your deals done?

The properties in the probate proceedings are generally not listed... if I get it right, most of it are confidential.

:lol: Seeing as Mickey D's is the leader in their industry, has top of mind awareness, sends their managers to Hamburger University for great training, and generally has a good product at a resonable price in extremely fast time....

> Lease Orientation DVDYou can easily create a PowerPoint Presentation going over each paragraph of your lease and house rules, as well as general procedures such as maintenance requests, trash pickup, definition of "Emergency", proper use of disposals and toilets, and whatever else your tenants frquently have problems with.

In general, SFHs provide an easier entry point for the new, relatively unsophisticated investor.

These are things you generally don't get in $15 books.