It now has water damage and mold.

Of course with the damage that my big Sister has done willingly to the property, that amount if reduced by about 180K, so we're still talking about my 1/2 interest in the property being about 160K I would guess.

That sadam husan had a beef with the us and britan for bombing him a while back so what he thought of was to buy oil in euros and thats what we are paying for gas in euro he was the onlyone who new to do this there are people guideing our lifes and people dont even know it this will effect the ny & london exchanges saddam signed his own death warrent saddam owns 20% of all fuel that he paid for in euros the us bought some but its running out and the us will have to buy saddams oil from him in euros makeing him a super power leader so basicaly we will need to buy it and by doing so we are paying for his war against us.

I mean obviously tenants are not going to take as good of care of the property as you would, so damage is expected.

And maybe you don't like the sound of "Buyer's Agent," but if you want the inside scoop with REO properties in the Pittsburgh area, you are going to need to speak with myself, or one of the other few agents who are willing to go through the brain damage that you will certainly encounter. the trick is having somebody who knows the ropes be there, and explain the process to you.

I understand landlords have to prove they actually had $10.00 a day late charge in court or risk treble damages if you try and take it from the security deposit in court.

I just realized an effective/realistic method to calculate cashflow and as well as knowing how expensive Hard Money is.

I always see people mention when putting under contract to assign how do you not put any deposit down, I would think most people would naturally want a deposit, and it would be hard to convince them otherwise.Also, what have you done when you can't find an end buyer and there is no deposit.My purchase sales agreement states this: Default & Timing: If Buyer fails to perform, Seller’s exclusive remedy is to retain the earnest money as full liquidated damages.

If the current tenant damaged the carpet, then I would definitely subtract it from his deposit and that would certainly not be limited to a cleaning fee.Mike

When you have 4 rentals, you are in a position where all units going vacant at the same time (or another major anomaly occurring) is certainly possible and those 4 empty units could be enough to do serious financial damage to you.