Hi all - I just had a fantasticcall/discussion with Brian Gibbons on all the important topics & aspects of various real estate deals... he helped me get focused and energized on a course of action, that if I excute will lead me to exactly the place I want to be in my real estate business.His easy going, straight forward demeanor, couple with his outstanding knowledge made the converstaion easy and very impactful.

Damn the dress pants and collared shirt!

Damn i didnt know there was an auction.

Damn I need to do more BP reading!

My agent assured me we would simply cancel any outstanding offers after we received an accepted offer.

If there is a surplus the tenant is given the choice to     a) apply the surplus balance toward the next month's rent;   b) leave the balance in the utilities budget in anticipation of larger utilities bills (i.e. winter is approaching); or   c) refund the balance to the tenant (this option is only available at the end of lease, if there are no other outstanding debts owed to the landlord.If there is a shortfall in the Utilities budget account - happens very infrequently as we have a pretty good handle on the operating costs of our properties and set the monthly contribution accordingly - the tenants are invoiced and the amount is due at the first of the next month.

I'd never use that mason again, that's for damn sure!

I'm telling you once you get started and it all starts to click you'll be like "damn, I shouldve been just jumped out there"

I can't imagine paying someone else to do that.I also have an out of state PM who manages those properties, he is worth every damn penny.  

lets say you spot a deal on the block but there is no running water, gas is shut off, electricity is off …there is no way you can check plumbing, furnace, etc ..some REOs even say “seller will not activate utilities” …I think you could activate utilities in your name …but then how about all the outstanding bills that might hit you ?!