Hello Everyone,I am currently attempting to utilize listsource.com to generate some leads.

whats your strategy generating new clients?

There are some HOA's out there that will only allow a certain percentage of units to be rented out and may have some other restrictions in the CC&R's.As for your question, the "best" way of doing something in real estate is typically subjective, but having a HELOC payment, in addition to the mortgage, taxes, insurance, and HOA dues, just increases the chances of having a less profitable property or one that may not cash flow at all.

And that's exactly what's happening now, and will continue to happen for generations, as the EU successfully manages through economic policies to breed the Greek population down to small-enough numbers to sustain itself on an economy based on specialty agriculture and tourism.So this is what I learned: no matter what your business strategy is, you are never going to successfully cheat the piper forever.

If all works out we stand to make a nice profit which we will look to reinvest most of it, but may take our ten year anniversary trip to Bora Bora next year...at least it's a nice goal!

Also make sure you are answering the questions correctly on their forms --- I once saw an operating agreement generated from a similar service stating that the member will represent the membership interests in the LLC using a certificate.

Renovations and maintenance are costing most of my imagined profits now but I believe I'll get to a place where the income will build.

Appreciate your insight Dan, I can see why this is important.Out of curiosity, what metrics do you use to decide whether or not an investment will be profitable as a hold and rent property ie Cash on cash return, appreciation etc..

You need to determine the proper balance between what you invest, your strategy with the property, and the return you can reasonably generate.

Typically you need an exit strategy for any HML because you don't want to pay the points/fees for a long period of time, as that will eat into your profits.