She moved in a boyfreind who was a loser and basically just put utilities in his name and did not pay.

I simply want to become as well-informed as possible so that I can grow our own personal business and be better equipped to assist our customers.

EricI agree a major benefit for one to work with you is you are an advocate for them in an effort to TRY TO PERSUADE the bank not to come after them but their are no guarantees and if we told the customer anything to the contrary we (or you) could be sued or even worse.

Without it, you will have no customers (deals), and with no customers (deals) you will make no money!

In the meantime, the new hot water heater elements have been working overtime and probably resulted in greater utility bills.

However, with the poor job market, I may have a more difficult time flipping the contract. 2) Has anyone utilized those websites that sell motivated seller leads?

If you use the 2% rule:Mortgage ($108K, 7.5%, 30 yr): $755Cash flow: $332 or $83 per unit per month (better)Even at $108,000, I would not buy this building because the utilities are not separate.

Utilize wholesaling to generate cash flow.

Often appears to be less because only the most obvious expenses (taxes, insurance, utilities) are included and others (maintenance, property management, advertising, legal, evictions) are neglected.

I own a few companies that deal in all areas of real estate including; custom home building, production homes, commercial projects, land development and real estate brokerage.