Better Tenants & Higher RetentionThrough thorough tenant screening and responsive communication, property managers reduce turnover and vacancy costs, ensuring a steady income stream.2.

FHA 203(k) loans are a great way to get into a property, add value, and set yourself up for strong equity when you eventually rent it out.Biggest things to watch out for:1.Contractors & Timeline – The loan requires HUD-approved contractors, and the rehab process can take longer than expected.

I have been listening to The Real Estate Rookie and other BP shows for about a year.

So I am new and looking for my first deal, so I'm not too confident yet.

I eventually tracked down the lady who owns it, gave her a call, and we had a friendly conversation about her house and real estate deals of her past.

Imagine the $hit posts that would result.I question the benefit of getting points for using the calculator.I think the points should reward quality and not quantity. 

Maybe they will want to buy a house one day and decide to pay me off.

Here are the notes I've received from other BP contributors, including Lisa Marie and Ke Nan Wang:Send a normal residential lease agreement to my attorney and he modifies it to implement the following:1.

It won’t cost you anything and will have “someone in your corner” to work with a buyers agent.

Reading Vanessa Peters book “the busy professionals guide to passive real estate investing” and in it she has a chart showing initial investment of 100k, 8% preferred return, 20% cash on cash return including sale of property, and 5 year hold.Each year she shows $8k return (years 1-4) then a $168k return in year 5 including the return of equity.