Hi All,My Team has added Little Rock as our third MSA.

(I’m ignoring any extra cap-x because you said it was a condo, but you’d also add any major cap-x to cost basis).

The reality is the opposite - if it's not in writing then the PMC doesn't have to provide the service or can charge extra for it!

Shouldn't be any extra taxes involved.

Finally, of the extra $200k, how much are you putting into operating reserves? 

It involves much more than collecting rent or throwing up a Craigslist ad every blue moon.

I would say anytime you can add value in real estate through taking a distressed property and fixing it up and adding value it is a good choice whether its for investment or primary ownership purposes.

We recently looked at a property outside our agents area (2 states away) and found a fee that was added which we questioned and were told it was a mistake and was removed . . . not sure if it was a mistake but be sure to read these new contracts BEFORE signing as things have changed since August.

This meant I couldn’t pursue the driver personally and had to rely on their car insurance, which settled for $25K—their maximum coverage.Unfortunately, the crash added $77K in unexpected costs, including $41K in repairs and extended holding costs.

I started out with value add, where we force appreciated properties by adding square footage and beds/baths.