Since the tenant caused the damage there will be no reduction in rent , and repairs will be extra rent .I have the utility company contact me if utilities are shut off , the properties on well have no water without power , city water does , when I get a shut off notice , I go over and blow out the water pipes (winter only) and I disconnect the electric from the water heater ( save the elements) .

Hello all,I'm currently living in Germany for work (not sure on how long my family and I will stay here but we're hoping for the long run) and own a property (lived in for just over two years) in Northern Virginia, which is currently being rented out (and managed by a PM firm).I would like to own multiple residential properties to serve as extra income and eventually move onto commercial investments (or possible multi-family properties, such as apartment buildings).I'm here to look for advice on how someone in my situation could start pursuing this goal.

Finding comps isn't necessarily hard, but you begin to get vastly different numbers for houses that are pretty similar.Given that I am new to this and want to minimize my risk exposure on my first rehab deal, my first intuition is to just focus my search in the zip codes I can easily comp out and I know will limit my risk of basing my decision on bad data.

'Max' represents our having left and renting some extra space (more on that later)

re invest the extra cash into more rentals, hold off on the nice house until later.

Maybe you could find some students to do the data entry for you, preferably students of accounting.

But if there is a fire and you cant squeeze out the little basement window and you die , the extra money wont help you at all.

I suspect, with no data to back it up, that most of the Guru Graduates who attend these seminars don't have great success afterwards.

I've grown accustom to the extra click every time I dial out.

when I built my duplex last Nov. 2013, I installed an extra water meter.