So until supply loosens buyers will be forced to get creative and pay up.I don’t think it’s the overall crazy demand like you’ve seen in single families driving up prices- there is just literally almost zero double inventory.I did three doubles last year and still shocked I picked them up at decent prices in Lakewood.

I always go in with a simple offer of this is the rent, and we are also comfortable giving you a (insert something you need to do anyways like a basic, white paint job or a new appliance).This is one of the most uncomfortable parts of the business though, and the quicker you get over being able to have these conversations, the quicker you will be successful in this business.

Initial maintenance costs to get the place ready to rent (if not ready to go already)There is literally NO way to predict this. 6.

Its a simple matter of the math.

In fact it may actually complicate litigation in the event a claim were to arise while adding additional insurance expenses to your real estate operation.To explain why this is the case I’m going to ask one very simple question: In the event a tenant dispute, premises liability, or any other claim were to arise, what prevents the Plaintiff’s attorney from merely listing your wife who it seems is the property deed holder in your fact pattern as a Defendant?

For us, its simple supply and demand.

Some are incredibly simple and require little to no repairs. 

What you can learn from my loss of a year's worth of work:Use your own judgment on the interest rate sensitivity.Figure out how much  NOI drops per 1% interest rate increase.Add 1 to the cap rate  per 1% interest rate increase.Then its pretty simple math to see how it goes upside down.My house is warm. 

@Evan PolaskiAll I need is plans to my taste, simple flat land construction, nothing over the top. 

Im hoping to make it bigger than just a simple class project so Im seeking to learn from the best sources possible.Here are a few questions, but feel free to share anything that comes to mind:What property management software do you currently use?