The bottom line is that tenants MUST be held accountable for the lease if you want to be successful in this business.

(thanks tenants)You love the smell of fresh paint.Every time you buy a car it has to have 4 wheel drive to get to those hard to see properties.Every morning is spent writing down recording #'s of the forclosure notices by hand.You know all the extentions on the attorney lines to get the sale date an opening bid of your local attorneys.When ever you meet some one you ask them how much they paid for there house.Your an a**hole to newbies just because you know more than they do and then you feel bad because you were there once.

I then have the seller initial each line and sign the bottom.

Of course we could "what if" this to death by listing every single scenario, but he's just talking the bottom line.

Some people still seem to think long term is 5 years down the line. :)

I’m working on getting my account to the $100,000 mark so that I can use the loan provision like my own credit line.

They must have 25% equity and cash flow.OR, if you are looking for a line of credit using the equity in your holdings as collateral, you'll need a good equity %.

If I can be of any help drop me a line or talk to the guys at ICI.Welcome to the forum.Robin

If you are planning a small development, then someone at the city should be able to get you an answer over the phone about whether you can tap into the water line.

We've got a section on the forum regarding notes, and you can network and meet a ton of other people in that line of interest here on the site as well.I look forward to having you on board!