But good ones are still out there.if the seller is represented and you're not, I think that puts you at a disadvantage... at least for your first purchase or two.

Profit first for real estate investors lays it our well on what should be put away.

If you pick a bad tenant in any state, it's going to be a pain to evict them and when you do, they can always put rocks down your toilet or cement.

If they were to deposit it into their account, we would back that deposit out from their balance as if it never existed, which then puts them in a position where they are still not showing sufficient funds to close or reserves and won't qualify for the loan. 

If you can't get through to them, put this burden on the tenant to get you a working number. 

In the old days, I would put an "w" in front of their name so all the rental contacts would be in the same place. 

The key highlights of this slate of bills includesAdditional Excise Tax on STRCreation of a statewide STR registryStandardize safety requirements across the stateProtect the ability for local government to zone STR in accordance with their needsThis isn't the first attempt at statewide regulation, and its clear the bills as written would be operationally burdensome to put into place for the state (aka, expensive) and the problems they are trying to solve are not, in all, a result of STR in our communities but of bad tax laws already in existence.

We put down $58k.

If the buyers are cash buyers why don't they just put their money in a CD and earn 5%?! 

If you sell an Option, you would not have debt payments, but they may want to exercise the Option right away, so you meed to think about the language you put in it.Example.