•providing you with monthly and annual financial reports, so you always know how your property is performing •tracking and invoicing tenants for CAM charges •maintaining and keeping your property in exceptional condition and undertake specific preventative maintenance processes•professionally marketing your property to minimize vacancies and maximize income via my numerous industry related affiliations and web presence •overseeing the leasing process (if requested) finding qualified, suitable tenants, and professionally managing every aspect of the landlord-tenant relationship •overseeing initial tenant improvement installation and/or renovations •collecting rent and late •ensuring that your property complies with federal, state and local laws and regulations •maintaining insurance policies for the property and coordinating the payment of all property expenses •responding to tenant requests in a prompt and professional manner •providing you with a successful advertising strategy that keeps your property rented •credit and background screening to insure your property is respected •cost reductions- your property will benefit from detailed expense reviews and wholesale pricing for re-occurring and non-recurring expenses.

Heard good things about Melissa data, but listsource works great, and the absentee owner list that I search for gives me great info and updated records for my direct mail campaigns and marketing.Hope this helps

My interests largely involve advertising, marketing campaigns, internet marketing, and tenant buyer list building.

This actually isn't an advertisement for it in any way, as the lawyers say that we can't discuss numbers at all since it is all projections.

Business cards are more about advertising and the transfer of contact details.

Taxes, insurance, maintenance, advertising, tenant screening, evictions, make ready after one tenant moves out, utilities that stay in the owners name or when its vacant, vacancy, yard maintenance, and who knows what else.

You have a void period with no income coming in, you have advertising and other costs to find a replacement tenant, they may not be as responsible as this guy, etc.

Your property taxes, insurance, maintenance, vacancy, legal fees, repairs, advertising, etc etc etc.The 2% rule is an evaluation tool.

I'm going to be looking for "we buy houses" advertisements on bandit signs, craigslist, the Yellow Pages, and the news paper.

I also did this with a 15yr loan because I am looking for buy and hold rentals and from what I have read, 15yr loans workout better for this if I can get a deal with positive cash flow.Purchase price: $70,000Down Payment: $14,000/20%Mortgage payments: $6,188.76/yr (PI $515.76/month @ 5% 15 yr)Rental Income: $15,600/yrVacancy 9%: $1,404Property Tax: $2,424/yrInsurance: $600/yrProperty Manager 12%: $1,872/yrMaintenance: $1,800/yr ($150/door per month, 100 for the 3br and 50 for the 1br)Utilities: $300/yr water (I guessed again)Advertising: $200/yr (the guy that made this had this in here; I figured PM took care of this?)