I'm looking for a little guidance for direct mail.  We just sent out 1398 post cards this week with no results.  I know direct mail works, what has worked for you?

You would probably have to budget for longer holding periods on a flip like that though since those properties tend to not move as fast

Fixable, but way more than I had budgeted for repairs.

The monthly PMI would be around $300 for the property+203k loan amount.The PMI assessed from the 203k rehab budget would cost me around $25 a month, and the addition 0.3% would cost about $100 per month.

I am budgeting $30 per month for repairs and upgrades right now.

I am budgeting in a property manager to handle the investment.

Of course when I am in the position I plan to make the appropriate contributions to my parents as I see the value and necessity for me to practice budgeting as well as to show gratitude to my parents.

Figure out a budget and stick to it!  

Hello fellow BPers I have a rental property and I am interested in hearing what this group thinks about home warranties versus budgeting for large capital expenditures.

I know what you're thinking "expensive hobbies" but I found that with a little self control and some budgeting I can afford them pretty easily by sacrificing other non necessities, like cable or HBO etc, etc...