Dan_Auito: the more hooks in different streams the betterjohnmichael: If you do not understand this one point you will not make it to the level you need to beDan_Auito: multiple offers, adds and acquisition techniquesjohnmichael: Many of us know who Mickey Mantle is and that he had - 536 Home Runsjohnmichael: but we forget that he had Over 1,700 Strikes to get to the 536 home runs.Dan_Auito: babe ruth home run king and strike out king as welljohnmichael: Over my years of teaching I have found that most fails simply due to the strikesDan_Auito: learn to accept rejectionjohnmichael: It only takes one dealDan_Auito: a month!

In addition, check out any restrictions on renting with the home owners association, which, if there is one, can have a say in any rental agreements.Plan on spending time and money advertising for and interviewing potential renters.

Heres an example: Mr & Mrs Jones during a listing interview with agent Cody tell the agent that they are 3 months behind on the mortgage payment.

See if they compare to your home and if they do than you have yourself a “comp” (Comparable). 2) Sometimes a Real Estate Agent is nice and will comp your home using his/her Multiple Listing Service (MLS) so you may want to call the person whom helped you buy the home.

In my opinion, the cross-linking is a good thing because it can lead to more interaction, but cross-posting is a not so good thing (where by cross-posting I mean taking every word from a post and duplicating in multiple places of the varied areas of the site, whether blog, forum, bulletin, article, etc.).A bit hard for me to believe that the management (namely Josh ) would not see the value in allowing this, but again that's just my $0.02 worth.

I’m going to ask more questions then I’ll answer, but these are questions you’ll want to keep in mind when interviewing managers.

You don't need to micromanage, but I'd call and make sure things are going okay every week or so for a while to ensure things are on track, especially around time to pay rent.They posted a good post about finding & interviewing a PM on the Bigger Pockets blog HEREDid the tenant actually leave?

Debt to income is a major component of your FICO score and when you buy multiple houses (especially if you're rehabbing the houses instead of renting them out) it is quite possible that you're presenting a larger risk.

Now, traffic to these high municipal, commercial, academic, medical prone areas from outer areas is getting to be a big factor, and adds stimulus to demand, added with current logistical costs and transportation.To add more appreciation to the area, large buildings are being turned into high-rise condo buildings and lofts, going for some hefty prices.....So IN THEORY, it looks like a win....I got some good intellectual backing from friends whom are superintends for the largest builders in the state, #1 & #2, not to mention the designer is one of my homeboys too...Now, this has got my stomach feeling some multiple Metamorphoses wrapped up and ready to burst (if you know what I mean).......It’s looking good so far.....Now,Here are your turn boys and girls to add some (+/-)critical replies, anything will help...I have got to be damn sure.......

In an interview with Mike Litman, Jim Rohn related a story of a friend of his who is now very successful who once took a job as a night janitor in Chicago.