It's not a bad idea to get a real estate attorney to help you write up a lease agreement just to make sure you nail all the fundamentals.

The problem now is more and Moreno people want to flip......and there’s only so many houses to go around.....and there’s only so many houses that aren’t overpriced or where the house isn’t beat to h e l l.

The main thing that sets DirectSubs apart from say Thumbtack, Craigslist or Home Advisor etc is that it was specifically created for R/E Investors and the Contractors who typically work with R/E Investors.

Most people think maybe I should purchase E & O insurance.

There are a myriad of middle men in the industry and no doubt you will get some PM's from those that lurk on BP for buyers.I wrote an e book on the do's and don'ts of investing in the mid west cash flow markets that I am happy to send your way just send me a pm with your e mail.bottom line is you get what you pay for.. especially in the bigger cities. buy the nicest you can.. the properties that are super cheap with high advertised returns are just that advertisements.when buying through an agent in LA they are making a fee that you pay for on top of the home so as long as you think your getting value..

In general, financial institutions "see" VRBO income from line 3 of your property's Schedule E on your tax return(s), right?

The momentum to carry on seems fundamental now and for sure deserved with the new demos currently.

Are you full timers borrowing against your Schedule E income?

Deals aren't hard to find once you know what you are looking for.I don't know your town, but here is one in Papillion; a 3 bedroom with 1568 square feet for $45K.http://www.realtor.com/realestateandhomes-detail/320-E-4th-St_Papillion_NE_68046_M85989-71726

But the thing is that would you tell a rookie just to go into real estate without education blindfolded or should the rookie learn the fundamentals of REI before jumping into the game?