At the moment I'm not feeling too comfortable with the shortage of properties.

I am running a 22% food cost at the moment I took over the restaurant three weeks ago and we were at a 120% food cost Labor was 100% and it is now at 34%.

If It's real old you might have clay pipe or galvanized going to the street and have galvanized inside of the property.This goes back to did he just tie into old stuff in the wall for new kitchen and bath or actually fix everything comment.As far as not paying rent it is a DISEASE.The tenants all talk and when they say they haven't paid rent the rumors start to swirl.Maybe the owner doesn't care anymore,maybe management doesn't care,maybe the owner is in foreclosure,maybe a bank took it over etc.More of the tenants will not pay and a pattern will develop.This is why it is critical to always file for eviction no matter what.The tenant can always pay and stop the process.If you rule with an iron fist the tenants know and are conditioned to pay the rent.Some are like children always testing you to see what they can get away with.This is why if you don't do things the same way all the time it can send mixed messages to them.It's that one moment of weakness that they take advantage of you.

So, you have to assume the deal will turn out badly (they often do, unfortunately, despite your optimism at the moment) and have the protections in place to deal with the bad outcome.

Wholesaling is our primary objective at the moment. right now im in the process of building a buyers list for the Tx area. if you are a Buyer reply or if you no a buyer and don't mind sharing(SHARING IS CARING) reply. im glad to be a member.. looking forward to this journey

I quickly went full time and never regretted it for a moment.

Beautifully said Bill Gulley.

There are some beautiful areas in Harker Heights and I was very impressed with the school system, primarily the high school.

Michael Lerch @Brandon TurnerA slight deviation on the topic:We are looking at something similar at the moment.

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