It's also been well established in lending that Asian borrowers tend to live on much less than us fat, must have it now type Americans, savings is generally higher, just saying, don't apply your personal expectations as to your life style on others, stay neutral and see what their life style is through general conversation.I'm not trying to push you toward accepting these folks but skimming the top with ratios and assumptions may lead to losing very good tenants.Those pets probably won't cost a hundred bucks, my two monster dogs were only a hundred bucks.Again, how long is this situation reasonably expected to exist of relying only on the royalty income?

He bought the houses really cheap from sellers or the bank because most of the others didn't want it.He could do the foundation work for just materials and a fraction of labor with his company for cheap compared to other flippers and make really fat profits of 50k or more.So that's the advantage in that you find a company that specializes in the problem your property has and to them they can rehab and make the numbers work where others just see risk.All the best.

I have a crazy sleep schedule so I may wake up at 3am and check my cell phone.

In the event you ever have to use your gun in self defense, no matter how justifiable, you will get arrested and will sit in a cell until your attorney gets you out.

i got a possble buyer for my list..he is out of the kc area and they do full rehab projects..i emailed him and told him that i was a wholesaler and would be moving o the wichita area pretty soon (about 2hrs away from him) asked him if he woud be interested in getting some properties my way..well he emailed me back today with his cell # and told me to call him...now ive never done a deal..never talked to a seller let alone a buyer before so how would you advise me with this?

Even the savviest of flippers fat prey to the contractors manipulation from time to time.  

I think you should move IMHO nothing she is doing sounds outta the ordinary for an upstairs tenant they will drop stuff probably a cell phone.

I have been spoiled by being able to invest from my cell phone for free in the securities market so it really shapes how I look at the risk and responsibility of buying rentals.

I find that cell phones have eliminated the "need" for a lot of things- an intercom is definitely a convenience, but ultimately for me it was completely unnecessary and would have been overkill.

Unless of course nice big fat commission checks would just screw up your AMT  bite then who needs them.