I too am an advocate of plain and simple honest communication.

I just recently graduated with a Bachelors in Communication and minnor in business.

Be pro active on this and communicate with the borrower with a happy face, don't bug them.

Hi Rich -There are hundreds of ideas for finding properties on this site.

Communication has been a struggle, and some disputes, such as it was clear from the track marks his boat trailer damaged some sprinkler valves and he blamed it on my lawn mowing contractor, and it wasn't even the money, a broken window he claimed it just broke and when I went to have it fixed ran into his daughter who obviously wasn't clued in and said to me she was sorry to have damaged it...things like that.After thinking it over I am leaning to making a clean break, no storing at my place.

Running numbers is being done it just wasn’t communicated to me that it was being done (so that is solved).

A speaker, well versed in selling the dream of real estate riches, energizes the crowd and sparks their hopes.

I think Joe drank the guru Kool-Aid and is expecting to get rich on his first "Deal".Here are the approx numbers based on research and info from agent, haven't seen the property yet:Purchase $700KRenovaton 100KMisc Costs: 70KARV: 950KNet Profit: 80K (7% of ARV)I'd love feedback from the community.

It also led me to discover Kiyosaki's "Rich Dad Poor Dad" which just might be one of the most influential books I think that I've ever read.I've bought and sold two primary residences, and now live in a third.

Clear communication with the tenant from the beginning and a sufficient security deposit to cover your real losses is a better approach.