If you're self managing then you're really earning the PM's cut rather than the property generating it.

Once you land lets connect and see if I can help you with some local leads.

It's a numbers game Keep your motovated seller leads coming in consistantly.

My .02$As a experienced wholesaler, Im not sure your concerns are necessary.To ThomasThere are other expenses like marketing,buying leads, my phone, paper, ink, internet service, etc. etc. but all these things are just tallied up as cost of doing business.I use the same formula as above but sometimes I use .65 depending on the motivation level of the seller.Taxes are pro rated at closing, I dont buy any insurance (why would you?)

Failure on his part to do this leads me to believe that you giving notice on December 8, 2013, was acceptable, because the way it is written, you could give notice on any day in the last month and be adhering to his lease!

My goal is to generate streams of passive income by acquiring rental units, but I have been focusing in the short term on building capital through retail flips.

You just have to dig for them; or better yet, have someone else dig for them for you.Here's some information that may help you if you plan on looking at REOs (foreclosed properties).First of all, I have never seen, in any of the states I am licensed to work in, any REOs where the bank gave anyone a disclosure of any sort beyond the federally required Lead Based Paint Disclosure for properties built prior to 1978.

Hello David hereI would like to ask a question on owner financed notes.I am thinking of getting into the purchase of Owner financed notes with the property being the collateral..Where is a good place to find leads on notes of this kind as well as other annuities if you have information let me know

3days into new year got my first lead from my free marketing methods.

And I am under a bit of pressure to act prior to mortgage rates rising to 6% and to generate a few hundred bucks in cash flow.