Mike, Turning one property into a loser to buy another that will have a positive cash flow doesn't make any sense yes, but keeping in mind that an investors goal is to grow their portfolio, The equity base in one piece of property (the 200k ARV) could in fact give him the power to leverage more properties that have higher individual NOI's, utilizing that properties equity base makes it a winner, not a loser.

You will probably grow to like L/Os a lot.Good luckMike

If you are in the credit business, I would report the item to her consumer credit report.

The location is optimally situated in a busy and constantly growing commuter hub and professional district.Although at present I am not a real estate investor in a traditional sense, the requirements of my operation has indirectly brought about an significant interest in it.I hope to be able to use this site as a meeting point for local investors and/or private lenders interested in discussing both short and long term opportunities.Thanks again for allowing me to introduce myself and I look forward to working on many exciting possibilities through this site.Best, Christian Crespo

I have a gardener that mows, edges and trims the trees at my properties, and just recently one of my tenants was complaining about weeds growing in the flower beds and a vine that was becoming unruly.I now make it a point that the tenant understands, in writing of course, what the gardener is paid to do and what the tenant is required to do.One another note, I have addendums regarding, "smoke detector & fire extinquishers", "Info regarding Renters Insurance".

It will help grow this site, which benefits all of us.

From the standpoint of my time, I'm not sure if I want to work in this type of time consuming environment.

After a few months of working with ungrateful consumers on a pro bono basis, I had to start charging for my knowledge; otherwise, I couldn't motivate myself to keep doing it.

There are many loan modification companies that tell consumers that loan servicers will be more likely to modify a loan with evidence of improper loan procedures.

Or, do you really spend 10 hours on the one deal that does close and 90 hours on the 99 other deals that consume your time and don't close?