Make reasonable efforts to relet, and if successful in the first 30 days, return the prorated portion of the security.  

It's like walking down the street and finding $50 on the ground each month.Now if they need a lump sum of cash, then let the down payment equal the cash they need and do a joint venture with someone with cash to either loan you the money (remember that 40-year interest-only loan) so you can give it to the seller and the JV partner gets a 2nd lien position, or they can take an equity position and get a portion of the monthly profits. 

you simply have to make sure that the investment portion of the new property is equal to or greater than the value of the investment property you sold.

I'm very happy to see you recommending having a significant portion of the rehab fees early on.

While it can be vital to have a worst case scenario in mind when making an offer, simply using a from the hip "full rehab" number just misses the mark.You need to be making informed decisions with realistic numbers.

There is nothing wrong with this extra paperwork and in some cases it is vitally needed.Customer Service & Ongoing Communication of your investments – Each one of these startups has gone through “growing pains” as they ramp up in size so no company is immune to improving this aspect of their business.

I wouldn't gamble on a gutted house unless I was planning on fixing a good portion of it myself and if the house was in a decent area otherwise I look for houses that have at least electrical, plumbing, a decent roof, and most the drywall in tact.

In addition, I want to gradually off-set expenses by putting them into the leases and having the tenants pay for their own utilities, insurance, and maybe even their portion of the taxes over time.

Since tax sales are such a small portion of their business and it is common if not rampant to have problems, it is easy to eliminate tax sales from your title business and eliminate a whole host of problems for a small percentage of your business.There are a couple things that you can do.

hi everyone.I'm wondering if it makes sense for me to let a realtor I know here handle the contract portion of myfirst and second deal so i can learn from her.Im not too worried about cutting into my profit on the first and second deal but rather more worried about messing something up legally, as that is the area I know the least about.I contacted a lawyer in my area and he said he charged $1500 for contract reviews, which I know is high.So my question is, do i use a rea or a layer to handle my contracts the first few times?