Buying TK is a long term play. 

Its a tough game these guys play.

I am looking to change up the way I go about making offers to sellers by breaking down the repair fees and holding costs in a nice spreadsheet that will convert to a branded PDF.

Hi everyone! My name is Joe Orr from Cleveland Oh. and new to real estate investing. A little nervous but focused and eager to get started. I'm ready to reach financial freedom for my family and I with God at the fore...

So I'm a budding investor, looking for the first property.   When I contact others in the real estate industry (bankers, brokers, realtors, agents, etc)  how forthcoming should I bring up that I'm new to this?Are peop...

I've been very close to making a deal with someone out of state but they backed out I'm assuming because they could tell I was brand new to the business and didn't have a lot of knowledge in the field. 

We look at many properties in Houston and termites are never brought up by our clients unless there is obvious foul play caught by our inspections.  

It helps to be familiar with vendors too, my rule, ignore small unknown sources for maintenance receipts/charges as many play games, larger reputable companies will have more standardized pricing.If you can determine vacancies from lease files, good, but still be careful for leases that can't be verified by lease receipts/deposits.

I told them that I don't know I don't really play them.

It means you are playing on the court, not sitting in the stands.On the surface your numbers look great, but when I looked at your per unit cost your expenses seem very light.