Practice and be relaxed. 

Let's meet after the holidays!

There will be quite a few real estate agents, and several property management companies at the MAREI meeting tomorrow night - 07/10 from 6 to 9pm at the Holiday Inn at 8787 Reeder Road in Overland Park, 

It was over a holiday weekend I still think I would have lost the deal if there were more people in town that weekend.

I'd also be cautious with the holiday season coming up as normally people tend to concentrate on the holidays more than looking for a place to leave.

Think about how that would effect the value of your asset and the return you are receiving if inflation were to take a sudden spike.Most of the analysis is common sense, real estate fundamentals, but I have seen ordinarily smart investors relax those principals locking in to what they think is a stable return only to find out the "no way that scenario could happen" actually happen.

Anything you can do to make life easier on a tenant (without relaxing your qualification criteria), the more likely it is that you find a good tenant who will stay longer and take care of the property for you.

Someone making 50k a year trying to quit a job that is younger might care more about higher cash flow at all costs to escape the rat race.Another investor doing estate planning in their 60's or 70's might want  less yield for a higher quality asset so that they can relax in the golden years. 

It seems to work, in the last several years I've had rent late once, she claimed it was banking error and the way the holiday and weekend went I believed her and waived the late fee and still gave her the discount.

The website seems to be down but I got the confirmation emails that they are having the meeting this Thursday at the Holiday Inn on Hingham St. starting at 6:30.