Examine their management agreement, check to see if there is an out clause if you are dissatisfied, make sure it spells out the responsibilities of the owner and the property manager7.

G works full time and I am recently disabled from work due to spinal fusion surgery and nerve damage in my leg, so I decided this would be a great time for me to pursue my dream of house hunting, which is now leading me to go into selling real estate to help us fund our investing business.

So that is a total of 1600 sqft unusable area.(2) The pre-sale physical examination done by the seller shows that the air conditioning is at end of life, the roof needs maintenance, building needs new paint in 5 years, paving needs a sealcoat and restripe. 

Juan,I have already examined your profile and added you as a contact.

You might want to find out your internal rate of return (IRR), etc.Basically, there are lots of important measures of how well your investment will work for you on a deal, and you need to examine at least a couple of them to determine if it's a good deal or not.

I own in 43608 in $25k priorities at $700/mo (33.6% annual gross rent to purchase ratio)43612, $35k properties at $800/mo (27.4% annual gross rent to purchase ratio)Monclova (43542) $150k property rented at $1100 (8.8% ratio)And a theoretical $250k house at $1800 mo (8.6% ratio)The ratio doesn’t really mean anything except gross $$ coming in, you can run the same numbers for profit - lower end properties have lower taxes, maintenance, whatever except there’s that whole tenant quality to factor in so I’m not going to wrack my brain.

That way you can really dive into it without the nerves that come with a commission based job and focus on building your client base.

@Eddie Salisbury  if the Feds enact another GOZONE for Harvey and for Irma ... you have to buy property in the affected counties however with Katrina it was a wide swath .. it extended all the way up to Jackson MS... which is where I invested.The program was open to any full time real estate professional... what you could not do though is say be a Doctor and then claim Gozone bene's  now there where a lot of shysters putting phony LLC's together .. as you know any great deal like this is going to bring the bad people out.. but upon tax examination they got their deductions disqualified plus penalties..

, are they professional, check their social media to see if there are any problems, find out if they have STDs because you are financially getting in bed with them (OK..... this is a joke for anyone who is taking this literally), etc.Believe me, when you Partner with me, I investigate you more than the Bank does.I have about 12 Partners and I know them extremely well and they submitted to my examination.

Examine their management agreement, check to see if there is an out clause if you are dissatisfied, make sure it spells out the responsibilities of the owner and the property manager7.