I'm excited about joining, and of the little time I've browsed through the site, I have found an abundance of great material... and apparently, great people who really do care!

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.

I spoke to one company, none of these, that was very short on the phone and didn't followup with the material I requested.

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.

Screwdriver, pliers, claw hammer, utility knife and extra blades15.

Is $5000 too much to ask for an assignment fee for a duplex if my:ARV $81,000Repairs $20,000Purchase Price $13,500 Closing Cost $8,100Estimated Profit $39,400 or Estimated Monthly Rent $1100-$1500Now this doesn't include any holding costs such as mortgage pymts, taxes, insurance, and utilities.

You might not be able to gain access and the utilities might be turned off.