Show me where I'm estimating incorrectly:$6,400 - purchase closing costs (assume 1%)$13,600 - points (2%)$40,800 - interest (12%, 6 mo)$3,000 - insurance, taxes, utilities$64,000 - sales closing costs (assume 8%)$127,800 - purchase, hold, and sell costs.$7,800 - net lossNow, maybe you could cut 3% off the sales closing costs by doing it FSBO.

You know very well that sales have slowed down significantly, and although they will pick up eventually, we have to utilize all the tools at our disposal to make it through the storms.

Most investor/Realtors that I meet are like the cobbler's kids as they let the best properties go to their customers.

I check back with customers on how everything holds up.

Well, here are some of the pro/cons of PreFormat.Pros:Developed quicklyNo extra effort by youCons: Looks like everyone elsesHard to distinguish in search rankings from other pre-formatsMust follow their formatDoesn't follow your brand as well as a custom siteHosting is more expensive typicallyHope that helps in some way.

Just ask anyone that's had to help with evictions on a few crack houses; Or having to visit a property once a week and make maintenance and utility payments for 4 months before ever listing the property.When you make your offer directly to the bank or asset manager, that offer is sent back to the listing agent; in some cases (very few), this act can cause the agent to be looked upon in a poor light.

Operating expenses include taxes, insurance, management, maintenance, vacancy expenses, advertising, utilities paid by the owner (at least during vacancies, rehab, etc), evictions, court costs, entity maintenance, legal fees, common area upkeep, lawn care, snow removal, office supplies, damage done by the tenants (in excess of the deposit), lawsuits, capital expenses (although not technically an operating expense), etc, etc, etc.

What do you DISLIKE the most about PM's you have utilized (besides, you know, Fraud!)?

how are utilities divied up?

One major problem is that unless you want to jump through hoops, you will be inspecting it with no utilities.