That means If you do find a property with the 1% rule being followed, the numbers usually make sense.

Below are the following answers about his financial plan:1.

I should add that I am in California, but if you follow the rules and read the contracts (and have an assist from a legal team), its not that bad.

Together we have the following capabilities:-relationships with local contractors-well-versed with social marketing -great screening formula used to qualify tenants -in house photography to market your home-We offer mini-modeling to make your home more attractive-only charge management fee while property is occupiedThanks,Navid

There is NO WAY a prospective tenant can sue me for discrimination, which will not happen in my apts as I put in my own tenants.In my apts Here in Brooklyn, I have the world of all kinds of minorities and status, each of them I know very well and will stand up for my Character in Court.The diversity in my buildings are incredible and represents just about everyone.Also, because I provide them with great service and speak with them on occasions, anyone coming to my building who claims discrimination will be proven to be false as I probably already have that protected class in my building.The only commonality is that all the tenants meet a Qualification criteria of Credit, Income and other non-discriminatory criteria.BUT, I know that's not LL.

One follow up: if you would like a basic CFK agreement that we use for our bank clients just PM me and I can send one to you.

You won't follow my path but I encourage you to do these four things and you will be successful.1.

My question is: since we are both already on title, which of the following best describes our situation:  (Note: no money is being exchanged and he will not be living in the property) A gift among family members where no money is exchanged A transfer among family members where only nominal consideration is given 

I do plan to ask her in my follow up but I wanted to post here and get any thoughts before I got deep into the conversation with her. 

The market here follows behind CA about 2-3 years so while the REO properties are slim pickings there they are starting to flood our market out here.