Any lender requirements of the property are taken care of in this time period, also (appraisal, survey, insurance etc.).

Here in Hawaii, where rents are much higher than the national average (we're actually highest in the country according to many surveys/studies), it's difficult that repairs and other associated costs could take that big a chunk out of the high cost of the rent.

Surveys indicate that sale of used homes fared better than that of new homes.

I have a client who we have recently preapproved and is looking to purchase a duplex for an investment and some cash flow to come in.I did the rental surveys on a couple properties and compared it to the monthly payments but the loan payments are higher than both rental units for the duplex combined so there is no positive cash flow.Were doing an interest only loan.

I don't think much of the objectivity of a survey when it's main thesis is a conclusion; " energy used CAN BE greatly reduced...".

though i am still in process of setting up LLC, i know from reading other sites and articles that there is no limits on number of properties. if it is done right the LLC is it's own entity, with IRA owning membership shares.the one restriction that is tricky, is leveraging. if not set up correctly you could have to pay taxes, because you can't have debt in the IRA is the way i understand it.we will be setting ours up in such a way as to avoid this problem. though i don't know the specifics yet, i have talked to a couple of consultants and they say IRA investing in a LLC is the way to go, if done correctly. and they say we can avoid many restrictions and that there are ways to do it.

Note that this does not include gasoline:March 19, 2007: $649.00 (course)July 28, 2007: $71.00 (licensure exam)August 6, 2007: $55.85 (calculator)August 10, 2007: $59.50 (fingerprinting)August 13, 2007: $100.00 (E&O insurance)August 13, 2007: $150.00 (license application fee)Sept. 3, 2007: $8.98 (Your Successful Real Estate Career)Sept. 11, 2007: $6.43 (stapler)Oct. 3, 2007: $225.74 (REALTOR dues, application fee, and MLS)Oct. 4, 2007: $188.38 (lock box key)Oct. 4, 2007: $51.84 (electronic measurer and business card magnets)Oct. 5, 2007: $1,229.74 (laptop)Oct. 7, 2007: $75.17 (cellphone)Oct. 13, 2007: $47.68 (additional auto insurance)Oct. 17, 2007: $75.00 (REALTOR ethics class)Oct. 23, 2007: $5.33 (postage)Oct. 28, 2007: $31.14 (laptop case)Oct. 29, 2007: $107.77 (wireless router and pocket notebook paper)Oct. 29, 2007: $46.92 (cards and envelopes)Oct. 30, 2007: $1.23 (postage)Nov. 2, 2007: $2.05 (postage)Nov. 5, 2007: $70.00 (installing router)Nov. 6, 2007: $0.41 (postage)Nov. 12, 2007: $131.30 (cell phone)Nov. 13, 2007: $10.55 (postage)Nov. 16, 2007: $265.00 (Chamber membership)Nov. 16, 2007: $27.00 (PAR dues)Nov. 28, 2007: $0.82 (postage)I've been an agent for two months now, and so far no commissions.

It seems doable but there will be fees to pay with each membership.

To me, this seems like a win/win-- the client saves money through a service that handles all of their legal needs (including a hopefully imminent closing) for $17/mo, and the agent makes commission from the sale of their client's membership.

Take a home inspection course so you know what to look for, http://www.nachi.org has a monthly membership that helps with all forms of inspection i.e. roof, electrical, mold etc.