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.

What most new landlords don't understand is that operating costs run 45% to 50% of the gross rents.

Throughout the United States operating expenses run 45% - 50% of gross rents.

This will be a go to programming when the seller wants to remember your telephone number.Side note, call the television operator and introduce yourself.

I’m a former Deloitte Touche CPA (Los Angeles office), spent three years as the GM of a property management company that owned and operated two mobile home parks and a good-size office building.

I think if the items were more the day to day operations stuff rather than “deal making” stuff.

If he is not on the title, then he does not receive any tax benefits with the losses generated by the rental real estate operation.