And they are limited in what they can do since the overwhelming majority of subprime debt is securitized and the servicer must operate within the guidelines of the sale and servicing agreement.I agree if the loans are part of an institution's wholly owned portfolio it might make sense to carte blanche modify mortgage terms across the landscape.

I read the 4 hour work week.. its pretty much what everyone is saying.. the author gives some great tips on how to streamline your operations to stop wasting time, and give a lot of info on how to get 'effective' outsourcing partners.

It is possible to cobble together your own "record" feature but not simple, integrated, or reliable.I was thinking of the GrandCentral just for operating the phone number, not the business phone system per se.

A few questions I have in evaluating the profitability of rental property:1) When we're talking about single family homes, how much should I generally assume for maintenance and operating expense?

FYI -BOA announced today that they were closing all wholesale operations.

The utilities are not split (so they are currently included in the rent), but once a tenant moves out we plan to split them and make the tenants pay them.We plan to offer $25,000 and assume we can negotiate to $28,000.Using Mike's 50% operating expenses, that leaves $500 for NOI.

You definitely don't want to lock up all of your cash in property in the first few years that you're operating.

It's NOT going to save you money, because until and unless you are LICENSED, WITH EVACUATION EQUIPMENT and currently operating that license you are NOT going to be able to buy any equipment, supplies or FREON at enough discount to make a difference!

Anyone else have any good numbers coming from having an a 800 number with a live operators to answer the questions?

You have training costs, licensing costs and costs associated with operating under a broker when you get your license.2.