I talk with him everyday about trying to implement sales techniques, strategies, and the mindset to explode his business to a level we could never imagine.

The only issue with that might be they like info on the local dispatch contacts which would be a hassle to locate every day.

The first year you rent, you need to calculate your basis.

Let's say it's 50 basis points, i.e. 0.5% of the loan amount.

Not the best approach to growing your business as a mortgage banker.I am personally looking to hire bankers, but no way I am going to bring someone on board on a part-time basis.

Could we even qualify for an FHA loan or would it have to be a conventional 20% down type of loan.I am still very much learning everyday so pardon me if this is a novice question but I just want to know what experienced investors would do in this case.Thanks!

There are people who have bought 1-3 notes etc and I consider those individuals people who invest in notes - whereas being a note investor is doing this on a consistent basis.

He was a short-order cook and tracked grease in on his shoes every day, leaving a track right down the living room and bedroom carpet that could not be cleaned. $1800 in repairs and I had $300 from his deposit.Don't even use the deposit for anything when the tenant lives there.

If someone paid rent with a credit card and is living in the unit, what would be the basis for a charge back?

Then the cost basis of the replacement property is $150k (= 100 + 80 - 30).