If you hold it an extra 3 or 4 months, your profit will suffer, or if you have a vacancy for more than a couple months it may not cash flow that year.

I have the extra fee built into my price if a wholesaler finds me a buyer then I pay them.

If the employment, previous landlord, personal reference, and ability to get utilities turned don't check out I stop right there and pocket the $20 and tell them "no thanks".Plus, unlike a lot of BP members, I actually like it when my tenants pay late - the late fees are great extra income!

Great interpersonal skills to continue to dig deeper and deeper until you find the truth in the numbers.

Extra cost to install a new panel etc was about $1800.

Most of them welcome extra money after hours or on weekends.

Not a call for the bottom, just a good opportunity for me to free up some extra cash each month.5.

It is further out from Phoenix, but since most homes in QC rent for $800-$900 per month, you could easily rent it for $800-$850 per month, have $150 positive cash flow, and not waste your time nor spend extra money to repair it.

The buyer was willing to pay a set price with the terms he could live with and Richard got an extra $5k in price for "waiting" for all his money.I do question the statement that the home may be worth $90k now as Vegas is not currently (but will be again) appreciating.

So that leaves you with 1 extra month that you're really "sitting around doing nothing".