Take that energy and figure it out, or don't.

But, we could also find things were starting to improve right now.

Yes it takes time, energy, and effort.

My thumb rules: 2% is a bit higher but I've got mine, which I developed after a while and is still improving.

$450/mo is on the low to mid- range for 2 br and $375 is low to mid for a 1 br in this area.Here's the projected budget I have constructed:Annual Net Rent: 39,30750% Expense Rule: 19,654NOI: 19,654Cap Rate 10%After Repair Value: 196,000Repair/Improvements: (85,000)Current Value: 111,000Offer Price: 100,000 cash to close w/in 3 daysTotal Hard Money Investment/Loan: $185,000 (purch + repair)The terms I have worked out are to repay the hard money within 6 months by placing a new mortgage on the property with an agreed purchase price of $203,000.

In the effort of continuous improvement, I ask the following...When tenants are late we post the standard Pay Rent or Quit notice or their door.

Maybe they should not view you the way they do but that is still where you are starting from.If you can get past assumptions you will will have improved your game than someone who is assumed to be competent just because they look older.

Most make significant investments in time and energy even if that means years of education before creating a start up that takes off.Crash and burn is normal for fast cash ideas.

After a few days back on the site and perhaps dozens of suggestions for improvement and complaints, we hear something positive about the site from you, John!

Everyone has heard that oil companies don’t want us to develop alternative sources of energy because of the astronomical amounts of revenue and profit that they stand to lose.