If you have any questions please email back or call John at 716 XXX XXXFirst names and ages of all other people who will be occupying this residence:Current town you live in:Current rent being paid:Move in date of current residence:Reason for moving out of current residence:Why are you considering this property?

Tell the tenants (and follow up with a letter) stating that you need to catch up on years of the rent staying the same and need to increase the rent to $xxx.

They're not expenses.Monthly mortgage payments:Debit: Mortgage Payable xxxDebit: Interest Expense xxxDebit: Escrow xxx (this is usually a current asset on the balance sheet)Credit: Cash xxxWhen property taxes and insurance come out of escrow it is an expense that reduces escrow:Debit: Property Tax Expense xxxCredit: Escrow xxxEnd of year escrow balance per Quickbooks should reconcile to your statement from your mortgage holder.

Add X,XXX to the realtor's recommended selling price.    

"I, Bob Smith, promise to pay Jim Jacobs a balance of $XXX,XXX  which accrues Y% interest per annum compounded monthly, in equal monthly payments of $ZZZ over the next 20 years, etc". 

If a realtor goes to the seller and tells them the property is worth xxx even if it’s not, just to get the seller excited so they list with them”.

Rents need to be simple for tenants - ‘$xxx per month plus these utilities’.

If your goal is to sell (or refinance) it in xxx number of years at yyy price, then you need a business plan on how you will increase income and lower expenses ( grow NOI to justify the exit/refinance price). 

So, if you know anyone who is thinking of buying or selling a home call xxx-xxx-xxxx. 

Please call me at xxx-xxx-xxxx.