Those finance charges will eat your profit, unless you are doing a cash deal.

here we have aagla, apartment association of greater los angeles. they charge around 100$ per year.

Don't focus on the rent money...the damages and aggravation will cost you far more in the long run if you don't take charge of YOUR property.

No charge if you agree that when you do deals you will bring them the business (closing, title insurance).

See if there are any possible water liens, weed abatement charges and other such things.

:lol: even though I know there is only .01% chance they will accept the offer but...I will let you guyz know.This is my first REO offer..so even though I don't want to admit it I am little emotionally attached to it...

It is not the same as pooling funds where 1 person is in charge.

We have had a problem with the renter paying the rent 5 to 7 days late every month so we tacked on a $35.00 late charge after 3 days late and changed the due date to the date they said that they would be more comfortable with.

Down side is that banks will charge you higher interest for mortgage.

I got into it by accident as I got sick of my guy doing crap work on MY tubs and tops and charging a fortune.