It is because of the consumer consuming that we have tenants and customers buying doodads (in R.

Basically, they're desperate to put their capital to work now, even if it means buying properties that they'll regret tomorrow (or perhaps they plan to divest to someone even more desperate than they are prior to their regret :).So, I would focus on smaller and less popular markets (stay out of California, Las Vegas, Phoenix, Atlanta, etc) and/or focus on off-market properties where there is less competition.Unfortunately, you're about a year late to the REO/short sale party...at least when it comes to listing properties...

The Austin area can work for good cash flow, but you might need to look 30 minutes out or in less popular neighborhoods.

I agree with Mr Santarelli : “60 hours per week is a lot of work time “Key things for yourself will be: ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~creating a great team of contractors, project managers, agent, etcDefinitely listen to the following podcast at least twice: #15, #12, #10, and #8Most important listen to podcasts #6 with Arthur Garcia -> triple timesJust a marketing ideal~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~on your potential customer receipt maybe you can mention “ We buy houses “ , etcFYI – podcasts our locate under the “ learn “ tab

Well, talked to a popular DJ here and I was cutting up a bit with some of my odd humor and he says he wants me on his show as a regular, I get some stage name you know, otherwise I wouldn't do this for fun.I'm doing a bunch of one minute rants, as an uniformed older guy that basically has the wrong facts, kinda like a Gilda Radner, never mind..... or maybe a straight guy really ticked off about something no one would ever give a second though to.I need some subject matter guys, help me out here.

Scott, access the market rents and the popular way is with the 50% rule, you can search here for that.

If you hate Houston, any of the rest of the TX cities are popular.

The time frame got sticky because we started, stopped, and generally de-prioritized the project to work around some of our other investor customers.

As far as a working relationship goes with a contractor, you should be treated differently in many ways as the occasional customer of a contractor....

We have been using Quickbooks online to do both the accounting and keep track of each tenant as "customer" however this is cumbersome due to the multiple properties.