I think other people seeing makes me feel accountable to post along with having it written out.

This is one area where it helps tremendously to have per-existing relationships with people in the industry such as family or friends.

Quote from @Aaron Wolman: General question, I am turning over my first rental and I got the charges from my contractor on damage done and I want to see peoples opinion. 

@Adriana Cortez$6k is insaneI can send you a free video on how to do this in 15 minutes AND 99.99% of people do not need a holding company.

People listing a budget of 50k, 100k, 200k in NJ (never will happen).

This is a great place to learn and to connect with people so take advantage of all the great resources.

The property is only 9 years old so that's why I put only $10k also, they are opening a new company that will employ thousands of people nearby so that's why I put a 6% income growth and only 3% expense.

Some high and lowlights:- I had one tenant that brought German cockroaches in and then blamed it on me- Same tenant asking if her daughter can visit but failed to mention it was 5 more very noisy people- another tenant having constant loud arguments with his gf- tenant saved some of my stuff when the house flooded due to a pipe burst and another time during a monster rain storm.

It's honestly insane how you people call yourselves investors yet your never prepared for hardships or things that come up.

People should stay away from investing in Japan!