Understand the fees involved and calculate the total cost for an entire year of management so you can compare the different managers.

Learn how to evaluate a market by either reading and listening to a lot of content or by providing some sort of value to someone who already has that knowledge.

@Jonathan Greene @Jay Hinrichs @Nicholas L. short sales are almost always done through RE agents and are a major pain the butt if the lender servicer wont respond in a timely fashion.Pre foreclosure you dont use and agent but if your talking NY I think and not totally sure but I think only an attorney can draft the Deed transfering title .

Analyze potential deals by estimating the After Repair Value (ARV), repair costs, and total expenses. 

Might it be smarter to offer a slightly lower monthly rent in exchange for a tenant who feels more content.

•Systems: Servicing the HVAC system, replacing the water heater, and updating the electrical panel.The renovation was completed in 13 weeks and totaled approximately $35,600.

Financial Highlights•Acquisition Price: $72,000•Renovation Costs: $35,600•Total Investment: $107,600•Funds: raised from personal savings and private lenderHow did you add value to the deal?

My mortgage would be $2600 total a month, but with the rental income, it would be $1200 from me and $1400 from the tenant.

There's a 2nd account with 5 payments total and 3 of those were late.

Life’s too short.2. you’re making a 5 percent return on total equity now, and surely much more on a return on investment basis.