$250 for a good home inspection is not very expensive, and if you can get a discount for multiple, that's even better.

After my multiple posts on all your help in how-to help on screening and other related rental criteria, I have finally found the tenant who is signing the lease on Saturday!

Short audio interview with the author is also on the article page on the left side (says video, but it's really just audio).http://www.azcentral.com/business/realestate/articles/20130129phoenix-housing-land-growth.htmlAny Phoenix investors agree or disagree?

I kept hearing people saying when in a REO situation, if the bank came back with a "HIGHEST AND BEST OFFER IN 24 HOURS", presumably in a multiple offer situation...that you could offer them $1 or $100 or $500 OVER the highest offer - provided that they can show you that there is a genuine offer for that amount.Not to mention you are at the mercy of a crazy buyer who is willing to overpay...unless you have a built in contingency that gives you an out.I assume if you are willing to do that, you are really calling them bluff.

Now, estimate cash flow as:cash flow = (rent * 50%) - P&I paymentNow multiple by 12 to get annual cash flow.

I have a broad sales background, however minimal real estate experience besides owning multiple personal residences over the years.My wife recently completed the book Rich Dad Poor Dad, which has now dominoed into the last two weeks of endless research and studying.

One owner of multiple properties we manage had us draft a lease addendum that required the tenants to pay repairs that were under a $100.00 Guess what happened?

Inaccurate comps means everybody is going to be working off the wrong numbers, and that puts you at a big disadvantage.Lesson 2#: Interview your buyers thoroughly!

I know multiple brand new officers who rent $1,300/month one bedroom apts (not including utilities) with additional $150/month garage fees.

If its a broker that doesnt provide that, BP Realtors are always a message away to help solve any challenges.All the best to you, may you recieve multiple offers the first weekend.Its always more fun being on the sellers side in a multiple offer situation, than the buyers side.