Be sure to take advantage of the search tool on the top right hand corner of the site.We're all here to help each other so don't hesitate to ask any questions!

Laywer, online or any other options.

I think I've been signed up for a while and searched questions here and there, but I wanted to formally introduce myself in an effort to better connect with everyone online and offline.

If you're looking at turning a primary residence into a rental, there's the additional advantage of having a community "on the ground" at your unit.As an example, our unit in Burbank, CA, is in a condo community, and the online community forum has helped us greatly: when another owner rented to a bad tenant, we knew about it before our tenant complained and could handle the situation proactively.

First the rule as usually talked about here on BP is 2% of purchase price (or all in price) not mortgage.Once you figure the % that works for your market and personal needs and goals then you can use it as a screening tool.

Some tools that I find useful with regards to file management are google drive, Microsoft skydrive and dropbox.

I do go to realtors for expired listings but i rather look at them myself sometimes and theres a way to find a near expired listing online...

I have been looking at Dallas recently because I like the economy, price levels, and I have family in the area.I stumbled across BP online about a year ago and have been loving the content quietly.

And, James, thanks for that tip - I'll definitely keep that in mind as I move forward.Also, I definitely plan to honor the current lease agreement, I just wondered how to approach raising the rent when the lease was up, or how I can check the background of the current tenants so I know whether they are reliable.Here are some of the other numbers that I was able to track down today:Insurance: $692/year through one bank that I talked toTaxes: 567.76/year for 2013Using these numbers and an online mortgage calculator I came up with $262 for the monthly mortgage payment for a conventional loan.

They finally ran a camera and found a plastic cleanout cover was stuck in it and finally got it with a claw on a rodding tool.