It galls me even more to see these guys walk away with big bonuses.

Thank god for the bail out .. the CEOs almost didnt get there $5M XMas Bonus!

The bonus that I found a few years back is when the rental industy was a bit sluggish, due to large amounts of first home buyers leaving their rentals to purchase thier first home, I did not have a giant decrease in rental applicants.

The only positives seem to be value-added bonus points to your tenants - saving them a trip to the laundromat.

I've always had a bonus system , with a base % and a graduated bonus beginning at 90% and rising to 100% of rent collected per month.

Offer a $1000.00 cash bonus to the buyers agent at closing.

although these folks are right in saying what they are saying, your experience in flipping cars is a bonus and will help you in this business.

Was amused to see your instructor of a "Financial Planning" class take such a view of the Interest Only Option since it is a financial "tool" that can be useful to some people and should in fact be considered by some individuals to accomplish their "financial planning" goals.A few of the valid reasons why one might choose an interest only loan would be: 1) for an individual that has uneven income such as commission based or one that receives occasional large "bonus" checks that could be used to pay down principal.2) For one that is confident they will be making significantly more income in the future 3) One that truely has a plan to invest the savings in something that offers a higher return than would be realized in paying principal on a mortgage 4) possible tax benefits to one that needs the highest interest deduction to reduce their tax liabilityAlso, most interest only loans "recast" each month, meaning you only pay interest on the AMOUNT YOU OWE.

It is against the law to pay commission to someone without a liscence Why don't you ask your parents to give you a bonus if you find a sucessful buyer for the property?

Any tax advantages become a bonus and even if your just getting $20-30 a month extra it will pay for the occasional leaky faucet or other minor repair.