In this unlucky instance, you might need to pull $3,000 or $4,000 out of your pocket!

For instance the latest repair is the kitchen sink is backed up.......There has been nothing wrong with the sink!

For instance if I am showing a client a property I do not answer my cell phone.

Here is the guy who is the inspiration for Donald Trump and many other real estate investors (including me) in an article from Fortune Magazine:http://money.cnn.com/magazines/fortune/fortune_archive/2005/10/31/8359143/index.htm

BigDave, what is the catch with the free magazines?

There are sooo many costs with doing business, and if you ask a broker how much money they spend on worthless advertising, they'd tell you alot.In my area for instance , EVERY broker advertises in the local newspapers.

i put a similar clause in my lease, but i really only have it to protect me in case a tenant has misused an appliance or something..i have one tenant for instance, who didn't want to turn the gas heat on, so they used the oven constantly to heat the apartment...no, i wouldn't replace that oven when it burnt out...however, if they're good tenants, it's prob. cheaper to say, "guys, i usually don't do this, but yall have been good to me, so i'm gonna take care of it."

Of course, while it saves an attorney fee, it's still a colossal waste of my time, plus the court fees.My best success in court comes when there's a co-signer (the parents of college students, for instance).

If the system is not working properly it will balance out for instance if poeple get screwed so do the banks who have to go to foreclosure, either people are going to smarten up or the banks will decide to enforce stricter controls as to not loose money.

For instance: here in my area north of Boston, spending 30-50k on an inground pool will not increase the value by the same amount.