I know there are hundreds of "gurus" out there who'll sell you a course to learn from (a bunch of manuals and CD's) that truthfully, most people never finish.

I know there are hundreds of "gurus" out there who'll sell you a course to learn from (a bunch of manuals and CD's) that truthfully, most people never finish.

I came across BP late one night while looking for something interesting to listen to while running.

He paid on day 3 without the late fee ($50).

Think of all the things that could go wrong and see if the lease addresses them: unauthorized pets or tenants, early termination, security deposit, lease violations, late rent, eviction, lawn maintenance, parking, etc.5.

We haven't been too active lately (or even on this site) because we've been busy...good problem to have!

I mean I am an accidential builder.. having foreclosed on builders in the crash and having to finish the projects... so I have some very special education you only get when it happens to you and you have to figure it out.. was not pleasant. and it cost million or so.. but I got out.. and then I realized Hey since as the lender I am taking all the risk I mine as well just do this myself.so here we are about 150 plus new builds later and things are pretty good.Now to be fair my rock star in Charleston build a home last year then calls me and says OOPS house is 1 foot to low we have to raise it.. that's a brand new 700k home that has to be raised a foot.. cost 30k..

High turnover; late payments; dodgy complaints; regular tenant-induced damage, and so on...

@Greg R PetersonI’m a little late to the party, aren’t I?...

One finished, I calculate it would be worth 1.2 M at a 8% cap rate, which is typical for the area.