(Initial here)________The Tenant must be responsible for the first $75.00 repair cost for each repair call

Initially I began with the Cash Flow program but then moved to the Apartment Mastermind and thrilled with my experience thus far.

Initial consult is great and talk to senior who knows the ins and outs. 

He has his hands in a lot of different things and made all of his initial money off his contracting business.

Theirs an initial withdraw rate and a standard rate everytime you use it.

They should be mutual indemnification clauses.Here is typical language we propose and 90% of the time it is agreed upon, as it is short, sweet to the point and protects both parties: (note I am not an attorney and recommend you always have an attorney review any items in an agreement)Owner hereby agrees to indemnify and defend and hold Manager harmless from, and to defend Manager against, any and all claims, charges, debts, demands and lawsuits initiated against Manager in his capacity as Manager.

Both Agent and ownermay cancel this Management Agreement by giving both Agent and Owner a sixty (60) day written notice prior to the end date of the Agreement.The management fees associated with the initial (12) month Agreement and any successive terms must be fulfilled regardless of when managementservices actually terminate.

First is the initial call.

Here is my understanding... the underwriter was a hard money lender who required the house to be put into an LLC initially so that he could use the estimated "rental" income as the way to get approved for the loan.

Upon initial purchase, most of mine are nowhere close to that.