Income Late fee Gross rent Expenses Advertising Cleaning Gardening/lawn mowing Insurance Interest on loan(s) property tax Legal expenses Pest control Property agent fees/commission Repairs and maintenance Water charges Electric Bill Total expenses Net rental income or (loss)

Understand Proposition 13 for property tax benefits, local transfer taxes, and strict tenant and rent control laws.

So then Nick ask everyone who is interested to learn everything there is to real estates (he explained earlier - to secure your future you got to have knowledge which then you gain control and thus less risk - i thought that made sense) to now stand up and go to the back and sign up as seats are already filled.

I've done this with my properties because I'm well known in my small town and don't want people to know what I own.LEGAL PROTECTION: By placing your assets in an LLC, you are legally separating them from your personal assets.

I only did a regular inspection and since I wasn't in town during it, I wasn't able to see first hand what was referenced in the report. 

Even worse, the investor has no control.

It's also worth mentioning that I already have a good relationship with a wholesaler in town who knows other good contacts, and I am able to use some of these contacts as good resources for general knowledge and learning how it all works.I recently had to close my business of 9 years, and so instead of getting a W2 job or start some other "normal" business, I'd much rather prefer to have house flipping be my primary source of income. 

One that can send a message with the seller information included in the message (Seller Name, Property etc) There are many platforms such as REIreply , Batchleads, Launch Control , Smarter Contacts , Lead Sherpa etc.

I'm a fan of the parcel it off now, and ground lease it for 30 years or something, if they wanna pay up front for the 30 years they can do that, but I'd retain control personally if it were me.

I'm building my portfolio of SFRs in Houston area, and thought I had signed up with the best property management company in town.