I had to revise all my calculations downwards because the average rent decreased.Even though this was residential and not commercial, I believe that many of the techniques used to calculate how much a property is worth for commercial can apply to residential multi-family as well.

A support network is key for low income tenants as often they are one paycheck away from being on the street and I'm no social worker.

-Understand creative investing techniques.

The power of social media.

If you have tenant problems you could have relationship problems.Couple stress points that come to mind in a rehab situation:1 - After a long day of rehab you say something derogatory about the previous owner/maintenance upkeep2 - You go to make a change that will disturb a precious childhood memory3 - You try to rent and she gets defensive about who lives in her house.I should note; I'm not very diplomatic about the things I say to people in my social circle about my tenants.

Hello everyone,just starting out in real estate investing and this site which has been a great read by the way.. so I almost fell for the bus tour 30k event in sunny California when I went to Armando's 3 day, $ 1,500 seminar in Cambridge ma last weekend... to be honest it was informative for basic flip techniques, but was so annoying listening to great he is at real estate investing, but I guess he is, I mean he has turn key properties for you to invest in which he already owns, then he owns the PM company that will be running your property so I guess hes making cash at every end of the deal !!!!

With seven years in the rearview mirror, and our real estate market looking like it’s considerably healthier, I’ve decided to test the waters again, and hang my real estate license with a local boutique broker here in Southern Utah.Straddling both sides of the 9 to 5 fence - I now find myself working from 4 AM until 1 PM at my day gig, then putting back together the pieces of my long neglected real estate website, and social network until late in the evening.While it’s a long and arduous battle to reestablish contacts… As well as create new ones, I know it’s ultimately worth it.I currently find myself trying to re-establish some high-value reciprocal links for SEO purposes.

The tenant likes to post pics on social media ;) I also saw the dog had 2 pups but I couldn't conclude they were in my house.

I follow him on social media too and watch the comments section when he posts one of his properties for rent--always 10 or more inquiries on the first day via that avenue.

You will need certified funds (wired from your bank to the title company or cashier’s check to the title company), photo ID, and social security number to close.Congratulations!