I'm new to the REI and do not have access to the MLS yet.

We also have 3 employees and I would also like them to have access to this same system.So for example if anyone adds a new contact and they just finished a call with that contact as soon as they enter the details of what was discussed I would want it updated for everyone to see.Any suggestions would be much appreciated.Thanks for your time and I am looking forward to your replies.Have a great day.

If I could go back to when I was 23 and bought my first house, I would not buy a house, but rather buy a multiunit.Cash is important, but it's certainly not a stumbling block.

Create a tenant registry of evictions for landlords to have free access to-- this should be a list created based on actual evictions filed in court.8.

Most times they weasel is when they note the issue in their commitment, like of access or will not cover location of property line if no survey done etc.If you ever try to refinance some of your money out or use it as collateral you will have to buy it anyway.

Interesting side notes-1) the two current tenants are longterm 4+ years, but are also not clean and tidy at all.2) there are several very nice houses in this neighborhood, but the one next door is condemned (in tax default), and a house a couple blocks over has been destroyed completely by fire.3) Comps of SF and MF homes are all over the place in the area and it's pretty much impossible to get comps on this type of unit even going back 2 years.Any suggestions on how I should factor the current tenants, neighborhood, comps or empty unit potential???

Also i found a MLS database site that gives investors and non-realtors access to the MLS and lists.

Through reading and listening to every podcast on iTunes I have come to the conclusion that it is a good idea for just about anyone to find a way to get access to the MLS.

Taxes are $500 a year and insurance would be cheap for me.Here are the numbers :14% Cap RateTotal Monthly Income: $375.00x50% for Expenses: $187.50Monthly Payment/Interest Payment: $134.90Total Monthly Cashflow using 50% Rule: $52.60One benefit is this house is two blocks from my house, and is in really good condition.What does everyone think about this deal?

. - Thanks for your reply.It is close Taramark Blvd - about a block east.