The lender will have some overlap requirements, but it is enabling me to refi my house where as I couldn't quite make it happen a month ago.

By creating a refi on that house it enabled them to re-create the proper paper work.

This spreadsheet uses a macro-enabled iteration that changes the adjustment amounts incrementally to minimize the standard deviation among the adjusted comp prices.

Having said that if you have an agent that really will put you first and will work for you then it is only right they get the commission.When I did it the agents, especially the successful ones, would primarily show their own listings first, and sometimes exclusively if they had lots of listings as virtually all successful agents do, then their office listings next (higher agent/broker split), and would lastly show MLS listings.I wouldn't take much comfort interpreting laws that protect you when you are conducting business.

Praise the heavens and get another tenant.At the risk that my response is perceived negatively I do have to reply to you:That is quite some profiling: So from one question I am asking - where, by the way, you don't even know the real background and my intent for asking - you can tell that there is not much experience and virtually label me as some idiot novice.

It's allowed me to grow the brokerage with virtually no overhead and still have cash flow every month.

I plan to expand my knowledge with the virtual mentors I hope to gain here, and share my experiences as well as meet up with local Houston RE Investors.I'll let you all know when I get my first green house on the board.

Yes, condos are not without their challenges, but I find most of those issues vanish if you stick to higher end condos and stay away from low-income units that virtually resemble "The Projects".

I would venture to say by far 4 family dwelling will require the most management and will most likely yield you the most return.My first purchase was a 4 family and that property gave me a great start, enabled my to save quickly, learn how to manage a property, learn how to deal with tenants and give me an overall idea of how this business worked.If you can find a great deal on a 4 family I would say go for it.

THEN show the apartment.5 Understand it is virtually impossible to have zero vacancy so adjust your expectations and business model accordinglyYou will have a vacancy period, but vacant is way cheaper in the long run than a bad tenant.