Charge a "extension fee" when a tenant needs to pay a few days late.

After extensive research on BP of course, and youtube, I found a lot of free information that led me up to this signing.

More detail on extensions would be nice.

For instance, lets say that $100k property has a rental rate of $1400 monthly.

So you may decide to give up a bit of ROI to ensure that you can handle the rehabbing on your first project by purchasing a carpet-and-paint-rehab type of house.I have not worked extensively with wholesalers as I normally buy directly from the banks or at the auction, so I can not speak to what impact they will have on your ROI.

For instance, if $30k/yr at a liberal arts school to become a librarian, one might not view that as good debt, whereas $1k/yr doing the same thing with a $29k scholorship might be different.

If, for instance you buy a $150K condo now and sell it in four years, you'll have to make all the payments between now and then, and you'll have $15K or so in transaction costs to buy and sell.

Say for instance I wanted to start on a mobile home where the loan would be much lower?

It would have been nice if the tax code would make some sort of extension in the capital gains tax exemption for people like us who had to move out of their homes in the past few years but couldn't sell due to the economy.

He and his wife have built an extensive network of relationships with their local Realtors!