anyway you can create air flow in the basement,, one side in and one side out within a basement window.. this would sure help.. even a fan on the floor could help move the air. self draining dehumidifier is great except they run constantly and is big electric usage.. another thing is to wrap cold water pipes so condensation is kept under control so it doesn't drip.. 

So I have been a Buy&Hold Investor for 13 years, and  I decided that it is time for me the do something different.I have been constantly searching  and making offers after offers, since July ( most of them low ), I felt like I was little over analyzing where others were keep putting crazy offers out there.Finally I put one under contract.

Originally posted by @Derek Luttrell: As part of your process constantly monitor what the HOA does in terms of rules/regulations.  

I understand some of these things are very minor, and I also want to know where should be the line drawn for me to constantly make a trip out there to satisfy my tenant?

The areas in which we are looking have been pretty constant, which is a good thing, I think.  

The biggest thing is time and demands of the investment for the return you are trying to produce on the asset.I have some clients that will take an easy 10% cash on cash return with 4 national tenants and 1 to 2 mom and pop versus a hard 12 or 14% return where they are dealing with constant turnover and issues.Those already flush with annual income tend to be very busy and do not have time to work for extra yield.Example: No headache 1,000,000 investment at 10% cash on cash = 100,000 annually pre-tax before other metrics for increased yield.Example 2: Headache with more mom and pop tenants and lot's of them to deal with.

Not exactly a home run but its proof that constant contact and 7-12 points of contact is very important!

It took me a very long time constantly bringing up the pro of real estate investing before the acknowledge that those investments was good.

Long term costs will be much greater tearing up every so often to replace, and constant (yearly or twice yearly) maintenance on wood in the meantime ain't cheap or quick if you're doing it yourself!

Hello all,I'm fairly new to this industry but have been fascinated with real estate investing methodologies for over a decade. In college , I opted out of the dorm life to live with my parents and save for my first ho...