As long as its not ridiculously late, take the $50

Those that respond “$0” or something ridiculous, you can request income documentation from them to justify.Don’t be afraid to share with them how much your property taxes & Insurance increased and that YOU cannot afford to absorb them.ALWAYS get an increase or something of value annually or tenants will start thinking they should never have an increase, making future increases that much more difficult to negotiate.

Please ridiculous, I said and proceeded to the next bar. 6 mil pesos.

this unwritten rule is so ridiculous.  

Cared more about that then when I bought properties.It sounds ridiculous looking back, but my father's desire growing up was wanting to have a frikkin electric lightbulb of his own that he saw in a neighbors house in his village.

Most of the turnkey deals even referred off BP have ridiculous numbers like cap/ex/reserves at $50 when it should be $150 and much lower vacancy % then in real life after counting bad tenants, etc. in the areas with cheap houses. 

Those are 3 very different things and tell you what the problem is.If the phone doesn't ring at all you're priced way too highIf the phone rings and you not setting showings you're price too high but not ridiculously highIf the phone is ringing, you're setting showings, and no body makes overtures to rent it, you're still too high.

The cost difference of a warranty deed vs a quit claim deed is ridiculous if any.If you have bought the property under your own name, I would seem logical to have pay for it with your own money.

That's ridiculous!

As for the cost of replacing a roof in the Bay Area, I'd say the cost is likely about 2-3x what I'd pay in my market, so yes, from a capex standpoint, the rule likely holds.The big reasons being:-  Workers Comp is *RIDICULOUS* in California-  Materials are more expensive in California (costs tend to increase as you move north and west)-  Labor prices are more expensive in California (contractors have a higher cost of living)Put those together, and it's not at all unreasonable that you're paying $400/square for a new roof in CA while I'm paying $150/square for a new roof in Atlanta.That's just capex.