We manage it ourselves due to us being so close by, and sentiment.

I feel like this guy took total advantage of us being new to real estate and trusting him.

We would love to connect with like-minded individuals that are based around our area and we would love to hear any advice any of you wonderful people in BP have to offer us, being brand new.

Now with everyone trying to interpret things like the SAFE ACT and all of us being compliant with MARS your liability goes up even more.

http://www.engadget.com/2008/08/25/iogears-wireless-usb-to-vga-kit-extends-your-monitor-sans-wires/

Once bought, we would like to place in an LLC with both of us being the partners.

3 bedroom 2 bathroom split level single family homeWood floors, carpet in bedrooms, Fenced in backyard with pool, corner lot in established neighborhood.Repairs: Carpet cleaning, possible touch up paint, replace 5 to 6 windows, clean and drain pool, replace fence or just repair broken areas of it We are thinking 5k to 7k in repairsZestimate: $123,500Eppraisal: $111, 546ARV: $100,000 (us being modest, distressed homes in the area sold for $70k to 80k)Our Purchase Price: $50,000Asking Price: $65,000 (leaving room for negotiation of course)Is this something you as an investor would buy?

By the way Travis you don't need a landline for magic jack I believe its 19.00 for a year of service but you still have to buy the "magic jack" you then plug the magic jack into the usb port on your computer and hook up a landline type phone to the magic jack!

The partnership really would not have worked without all of us being engaged and ultimately the lack of clarity on how to invest retained earnings was our undoing.We had very precise agreements drawn up prior to starting the business and it was very successful for about 6 months or so.

Everytime he came in to talk to me about getting a loan he had it running, it was in his coat pocket and he had a mic running down his arm.