In your initial calculation, you assume you will hold the loan to maturity.

At the end of the lease term, we can always raise it the 50 bucks we lost before.

You bet they do and they prosecute costing a pretty good buck, in my opinion though they need to follow up and prosecute even more, a couple years ago I was chasing a couple huds and everything worthwhile went during the owner period to brokers I know were rehabbing and such.

That's a document from the company stating that you are able to do some transaction for the company.You and your partner should consider spending a few hundred bucks to meet with an attorney in Michigan to discuss exactly how the LLC operates and how you have control over each other.

I think I paid about 10 bucks on the one I bought for my rental.

I have gone in before thinking just a toilet or a line needs replacing etc. and then you find a much bigger problem after getting into it.New carpet price will depend on quality you use and if you can keep the existing pad underneath or have to replace the whole thing.Lighting fixtures you can always get cheap sometimes on clearance at Home Depot for 5 bucks apiece.

Generally, I know the underlying connotation for property managers is bad, but I happen to be one of the few that care about my investor.I am not in it for the quick buck, the sly charge, or the misinformation that seems to be bound by my industry.

We usual get to see 4 new listing everyday , I find its harder to get a deal with a realtor though, because they promise the seller top dollar to get the listing , and we are in a hot market so they are actually selling homes that are pretty crappy buys for big bucks

The law giving the lender the right to accelerate the loan to maturity states clearly; any lease greater than three years.

I paid a half plus a hubdred bucks a file, closed.Another aspect is doing seller financed deals, brokering for HMLs/investors, if you're interested I can give you some info.