that way when the lease is up you are sitting in a better position as far as the season goes?

My actual rentals will sit in a separate LLC that will elect as a partnership.

I want to get systems in place and to minimize my actual hands on and babysitting of other that go with an actual JOB.I want to get to the point in the next few years (under 3) that I have the luxury, if I want, to surprise my son and pick him up from school.To be able to go back to Maui for a few weeks if I wish.To help other motivate and guide others that have no idea that they dont have to bust their butts from sun up to sun down just to get a paycheck and make it to the next.To spend time with family even if it is sitting at the table and playing a card game.I could go on forever, my point is my reason is to be able to enjoy life before it is gone.What is your reason why you invest in Real Estate?

In the past 3 weeks it has become almost quiet, so short sales are becoming "deals" again.

I convinced a family friend to loan me the money instead of have it sit in their checking account making .09 percent interest.

I wonder how many LLCs have been formed that just sit there and do nothing because the person gave up before they started.

When I consider holding costs, cost of money, etc… it's cheaper for me to drop the price than to sit on it for months at a time.

If you make the late fee ridiculous and it spirals out of control on the tenant they have little incentive to catch back up and it's often easier for them to sit there and not pay until they have enough money to move elsewhere.

On the other hand, another one of my family members has hundreds of thousands of dollars sitting in a checking account because he's scared to invest in the stock market.In the end, everyone is different and money isn't always the driver of one's decisions.

I gave you an example of what I would say.Newly Renovated Quiet 2BR Village Apartment Available Gorgeous Apartment located behind the building allowing for a central location in a quiet area with off street parking.