Nice Chris Velastegui congrats :) You've done more than me on the direct mail front!

Nice to meet you Mr Dumas!

I located a house that is in a great area and a nice neighborhood where the house next to, and around are fresh and remodeled.

Would be nice to have it automatically go through our software when it is collected.

I would like to purchase a mobile home that is in a nice park but they will not allow renters.

The 50% Rule basically states that for a large and diverse sample of rental units and over a long period of time, expenses (including rent loss and capex) will be somewhere in the 50% of gross rents range.2

I live in Georgia I am not sure this issue is covered in the hand book I figured I would float it hereI had a unit for rent in the first week of july say july 2, man came and said he wanted it immediately he had a good job drove a nice car was well put together. he had income verification statements He made a partial deposit of 300 no paper work just a receipt he was supposed to move in on the 15th of july on the 15th he came with another 200 which was the rest of the deposit but he said he didnt want to move in until augustthis didnt make me happy and as he stated there was nothing in writing forcing him to a july 15th move in datenow he states he doesent want to move in at all and wants his deposit back.I basically held this apartment for 30 days and now he does not want it,there was no written agreement but the rental application does stateThe following deposits are required: - security deposit of the first month's rent of 550.00 payable upon move inThe deposit will be returned to the Applicant if the Premises are not rented to the Applicant.

I have a deal I can be all in with very nice condition for $30K and I am going to pass and auction it off.

Daniel Nield,It is always nice to see another Ct., resident in the forums.As you're probably aware, that class with Dave Seymour, is just the beginning of possibly spending more $$$ with Dave Seymour.Let us know, how the class goes.Hopefully you learn something that is worth the $299 that you spent for it.Raymond

I can only affect the NOI outcome on the purchase price and do not want to stray too high on rents, to avoid vacancy issues.For Ex: A nice 3 story 3-plex, asking $76K.