If you have a policy in place that charges higher rents for older homes that provides an incentive to have newer homes, that might fly as a justification.

There is a limit to the interest that can be charged on a note in order to compensate the investor for the added risk.

On the other hand, some say that since the wife usually makes the final purchase decision, she is only going to be emotionally engaged if it is staged well, or at least, is COMPLETE.

On gas, they charge roughly $60 for the hookup, since it's a gas line and they're slightly worried.The downside of electric is when their gas gets turned off for non payment, many tenants convert their stove to a furnace until they destroy it.

But this is about saying that if you are getting into RE, you can't afford not to see an attorney in your area.I'd like to see us discuss attorney's fees, rates and charges, so hopefully you can share what your attorney may charge or some of our attorneys can share what they may expect or some general expenses.Say I need a contract to do lease-options without any financing involved.

Generally, as an agent we like to keep the principals apart, just due to emotional, personal issues, etc. getting in the way.

Thus far, it looks like most hard money lenders are charging between 4 and 10 points...wondering if others have had any luck in getting lower points...If points are non=negotiable, I'd likely borrow the minimum and use my cash on hand to keep financing costs in check.Other items to note include we have excellent credit and have a large amount of equity in our home of 10+ years.

The Turnkeys I have looked at charge quite a bit more to be in the areas I am in but your overall cash input would be less because you would not have to pay for the rehab in cash.

It is priced based upon emotions not actual business.

Also, you can review the listings that you find to see you can get away with charging additional for the cleaning that will be required between each visitor to cover that.Finally, be sure to check the HOA's for the condo, usually condo's in resort areas have no "less than 30 day rental restrictions" in the bylaws, but most condo's in the city specifically forbid it.A lost note of caution is if the area is only good for skiing - one poor snow year and poof your profit goes away with the sunshine...