They B-C tenants you want will have these devices in their hands.

I had 20 units before and it took up too much of my time.If I buy again it will likely be a 100 units or larger so I can be hands off with infrastructure in place.

Ikea would be another good place to buy inexpensive curtains and area rugs.For us it just makes sense to have a few things on hand for staging as we continue to flip about 4-5 houses a year.

I never ask a listing agent to cut their commission if there is dual agency but sometimes they will offer to do this to help a seller accept my offer.On the other hand, when dealing with most REOs I use a buyer's agent.

Marc, definitely hadn't considered partnering financially on the first deal and splitting profits (hopefully) with a seasoned pro, great idea to gain some hands-on experience with someone else helping along the way.Joel, would love to hear more about your challenges/successes with your quads in Roswell sometime, thanks for the advice.

Yellow letters are intended to convince a single family homeowner that you are interested in their house and took the time to hand-write them a letter professing your love for their place.How in the WORLD would that messaging translate to multi-family, where the owners are LANDLORDS and BUSINESS PEOPLE that are - i guarantee it - 100% WISE to the old yellow letter trick.If you want to be in a business, be a business person.

I personnaly have not done any P.M. on vacation rentals. 10% is the norm for regular P.M. but vacation rentals requite more hands on work.

On the good side, it is free & clear :).So, the potential deal that this post refers to would work really well with the limited cash I have on hand right now, and give me more Land-lording experience so that when I DO sell my personal residence and start to use that money to acquire more rentals, I will also have that benefit.

In Memphis there are a handful of players, most of whom are on BP who all know what they are doing but their required margins vary a lot.

There was no rich dad and probably no poor one either.I can tell you from first hand experience he does not know what the rich teach their kids.He's just a guru, good at marketing, good at story telling but never done what he tells you to do.