The webinar really put things in perspective for me so I created a daily plan for myself that I like to call the "CAL Plan"ConnectAnalyzeLearnI've downloaded "Long Distance Real Estate Investing" to my phone with audible and am planning to use that as my "learning" portion of my daily plan since I'm living in China at the moment.

Most likely it’s finding a broker that wants us, and understands that we’re still working real estate daily despite not checking in.

My property manager (I have him manage my properties and I'm licensed to do it myself which speaks volumes) is well-versed in luxury properties.

The amount of stuff that has to be taken down on a daily basis from fraudsters, scammers, spammers, and just generally belligerent people would surprise most.

I do a large volume of zoning work and permit for myself and other developers and seeking something that also will generate a non formal offer memorandum or marketing offering. 

I started the new year with the daily habit of contacting 10 seller's a day.

While I believe the Tennessee side rightly sees a higher volume of investor activity due to a variety of factors there is still money to be had over on this side of the mountain. 

Is the payment based on daily withdrawn, monthly drawn, or actually used or based on the total borrowed and when is it due? 

Or offer to help them fix up a unit for free.Real Estate Agent Invests themselves Responsive Hungry Tech-savvy One-on-one supportTo find: ReferralsAfter you find 3: Sit down with each of them Lender(s) Start looking now and start building a relationship with a few Contractors and handymenHow to find: Ask for referrals Check references The 6:00 a.m. home depot trick Ask store employees Make them compete Bookkeeper Keeps you organized and get your taxes ready CPA Looks at the bigger picture Saves you money in taxes Ideally, someone who specializes in real estate Lawyer Helps you set up leases and other forms and prepare you for the best legal entity for holding the properties Help with evicting a tenant Advise on any sketchy situationHow to find: Ask for referrals Insurance agent Ideally a broker Property manager Cost around 11% of monthly rent Interview a couple to get the detailsCh. 5Analyzing a Rental PropertySunday,September 8, 20199:20PMCalculating IncomeTo determine rent, look at: location Number of beds and baths Amenities like ac, parking, and appliances SizeHow to determinethese: Constantly scan the local paper (daily and weekly) Check craigslist often Check the competition and property management companies’ websites Read “for rent” signs - call the phone and act as a tenant to gather info Talk to other landlords - look for REIA When your unit goes vacant, bump up the rent Too many applicants = price too low Check the MLS (multiple listings service)Estimating Rental ExpensesEasy to calculate: Mortgage — mortgage calculator Interest rates - ask a lender Insurance — call the insurance salesman for quote Water — call the local water department Tenant can pay Sewer — call local water of sewer department Tenant can pay Garbage — call rubbish company Tenant can pay Gas — call the gas company Tenant can pay Electricity — call electric company Tenant can pay HOA fees — call HOA president Snow removal — ask local landlords or snow removal company Tenant can pay Lawn care — ‘’ Tenant can pay Property management — Ask local managers in the area Usually around 10% of monthly rent and 50% of a first months rent (just call it 11% Incase they charge a fee) Even if you don’t want the manager now, you will eventually.

You see, this one free app I downloaded actually sent letters of dispute on my behalf to collection agencies and they have successfully disputed 4 derogatory collection accounts on my credit report on the last 2 months and all were removed from my credit report successfully and my credit score has risen 64 points in 2 months and I get to monitor progress daily and for free and it has even allowed me to obtain a credit card since this marked increase on my credit score occurred.CreditUTurn is Not worth the aggravation.