He takes the bill which is in his name, divides it up, and because he had to do this extra step, charges $10.00 per tenant monthly to do this.

We haven't even done our first deal yet (unless you count our primary residence which we're also thinking differently about at this point, thinking about potential value add's and potentially renting it out if we could find something else where the numbers make sense) but we're already hooked.I am a professional delivery driver for a fairly large company and for the last month during work I've been burning through the BP podcasts at a very rapid rate. 

If you have a longer lease, you'll be committed to dealing with that situation unless you can get them to agree to move out sooner.In our leases for the extra room(s) in the house, we made sure to spell out everything such as what was common space and what wasn't.

It may seem crazy now to set a goal of $60k or even $80k a year, but I can tell you that as your family grows, you will be thankful to have that extra to do exactly what you mentioned - created freedom.

The investment also helps when it comes time to resell the property as it’s a good selling feature and one less thing to go wrong during an inspection.Keeping extra window units is smart as well.

I work full time so don’t have a lot of extra time to invest in the property.  

However he is saying it’s going to be a tough grind because its a old block house that had tons of concrete on inside walls & during the demolition the extra manpower it took...we wanted an open floor plan.

If you don't want to buy anything, attend sessions you are interested in plus lunch presentations and take lots of notes.Now, if you decide on getting any of the guru courses, many of them will throw extra bonuses and stuff at the event.

I have seen the jumping of the wires many times.. those folks have to be nuts that do that so easy to fry yourself and very easy for the house to burn down.. its insane what happens in those areas and those houses.. its almost like sport to the locals. 

Since the only things I have seen so far that weren't holding up are those they have been done in the last decade, I would have to lean way towards the 93 yr old parts being much safer than the 13 yr old crap.Of course, I had to mention the whole part about it being a fire trap, which seems to be what helped burn Chicago down back in the day, But with modern tech, that shouldn't be as worrisome as back then.Anyone with anything you think I should know, need to , or what to know about balloon framed houses.