The only thing that changed slightly for us is our wireless provider (used to pay $140/month for Unlimited talk text data) w/ new provider, we pay $25/month for Unlimited talk text and data while on wifi.

Maybe we'll finally get this madness under control!

Hey guys, I've been huge fan of the podcast for a couple months now, and I finally got around to joining the community.

Glad to finally have you on Bigger Pockets!

Hello BP.I've been saving money and finally have some money to start investing.

Finally, as an example, I was able to negotiate a 17k deliquent HOA balance down to 10k payable at closing for a short sale condo. so that was a 40% discount...

The seller would not give up tax return numbers before making an offer (I think I know why now):$73,180 net revenue(10% vacancy)$40,700 expenses$32,480 NOIAfter talking with my commercial banker, showing him the property and numbers, he told me the historical data was showing 9-10% cap rates for the deals he was doing.

I actually enjoy them and I get so many I just hired someone to do the data entry...going back to your ?

I finally learned how to properly evict them and decided now I can put in good tenants that have been screened.What I found out is that good tenants don't want to rent there.

Finally, as the others have said, I would certainly recommend becoming an expert in your local laws.Good Luck,Mike