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.

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.