Routine maintenance? 

Be aware that in Texas a city inspection will usually take place upon change of ownership and a list of new demands and requirements can be part of your routine during the first year, especially on older buildings…. beware of Arlington in TX – they do this on purpose.

The business checking account runs uncomfortably low most of the time, and the upcoming window work and another renewal in mid-October mean building up the reserve cushion is going to be pushed back at least a few more months.2.If you buy a turnaround story like we did, expect to spend a LOT of time on the apartments.

Most people dont like that uncomfortable feeling and will throw a number out.

I routinely see discrepancies between the listing status on the MLS and on Homepath.com.

After attending numerous seminars world wide over the last 5 years I am sad to say I have never been to a bigger sale pitched one like the Rich Dad Poor Dad one I attended in Kansas City.It actually made me feel very uncomfortable as to how hard the sale was.The book that changed my life was Rich Dad Poor Dad so it was very disappointing to see such pushy in your face sales strategies.This is just my opinion of the Kansas City seminar.Thanks.

It was uncomfortable but I learned what was expected.

I may be spoiled in my market in Macon, Georgia, but using OPM and Calculating COC based on my down payment and CF after PITI/Vac/Rep, routinely getting numbers above 50% is expected.  

They are not factoring in an maintenance costs such as routine maintenance to HVAC, if there will be any plumbing issues throughout the year, and so on.

Something to keep an eye on.We don't routinely serve the Notice to Pay Rent or Quit.