Michael, if you do a major rehab it's possible to raise the rents but easier said then done....I just noticed the checkbox: "notify me when a reply is posted"' :lol: so I will react very quick now!

Kudos Joshua -One of my partners is a web designer / IT guy, and from hanging out with him it's clear you've hit a major milestone.

I always buy on a subject-to or lease option (the majority of the time I buy on a subject-to) then I sell on a lease option.

I have been majorly lurking/reading and not posting much lately, but this site is a great resource!

When you have 4 rentals, you are in a position where all units going vacant at the same time (or another major anomaly occurring) is certainly possible and those 4 empty units could be enough to do serious financial damage to you.

Property management department of every company deals with this on the side of REO properties.

You want bread and butter houses that the majority of people can afford.

Check with your building department before you start the work.Code covers what size to use for what application.

Do a search for the article as I do not have the link anymore.There is absolutely no inaccurate information stated above, only a reference to a written article from a major news authority, my opinion on the concierge, and my opinion on how the newly educated investor remains on their own once completing the NR courses.

While I certainly agree that housing prices have generally gone up over time, the vast majority of new landlords pay too much for their property; can't afford the negative cash flow; lose a bunch of money; and are forced out of business.