There is absolutely no reason to have bad credit unless you have been laid off, had medical issues, or any other unexpected variables. if you would like for me to blueprint your credit report and show you what we can have removed and also a gameplan moving forward to maximize your scores then please contact me with any questions you have and lets set up a free consultation.There is nothing better than having great credit.

If you are using hard money you need to budget for the points and fees as well as traditional third party closing fees.Repairs: The money it is going to take you to rehab the property plus an extra 10% of estimated repair costs to account for unexpected repairs.Holdings Costs: Here is where a lot of investors get tripped up.

.#2 would be that the most likely unexpected thing for you to experience is a bad renter.

A stray bullet (from two cars shooting at each other) went thru the window of one of my Madison properties (unexpectedly in a B class neighborhood) missing an innocent tenant by a couple feet. 

Not enough cash flow and unexpected problems do occur, i.e. broken pipe, plumbing concerns, etc. 

If you cannot cover the mortgage payments without all the units rented and paying timely as well as have the funds to cover unexpected maintenance issues then the best thing to do is just wait and build up your reserves.  

I have listened to the first 30 or so podcasts from the beginning and due to all the suggestions I am just finishing "Rich Dad Poor Dad".I fly for the Air Force, have a wife and two kids, and am pretty unexpectedly excited about learning more about real estate investing.I would say that BP along with Rich dad poor dad has definitely given me a financial awakening that I did not truly expect.

I have listened to the first 30 or so podcasts from the beginning and due to all the suggestions I am just finishing "Rich Dad Poor Dad".I fly for the Air Force, have a wife and two kids, and am pretty unexpectedly excited about learning more about real estate investing.I would say that BP along with Rich dad poor dad has definitely given me a financial awakening that I did not truly expect.

Hi allLooking for recs on where's the cheapest place to buy electrical supplies (wire, switches, outlets, etc) I have my own company so could purchase from a wholesaler if you have any recs.Or are you finding better deals online?

So i suppose the real lesson is....expect the unexpected when it comes to eviction process.This thread is a couple weeks old now, but in the time since it happened i've decided that i don't really know if either responding or not responding would have made any difference since the court went outside of a normal process (according to the two attorneys who looked at it) in granting what they granted to the tenant.