Some lenders choose to limit their exposure by not doing them.

An investor who's dealing with multiple agents and hunting deals on their own may want a limitation that the buyer's agent will only get paid for deals they've presented, for example.The only place you're going to get a break is on a FSBO.

Originally posted by "**********":Expenses seem to be subjective and categories and averages are not adding up here.In my limited rental property experience I had NO TENANT DAMAGE other than normal wear and tear.

Then again as investors we try to delegate what we can to focus on what we most importantly need to handle (the A&D) so maybe this degree has limited use as well.The finance degree can be finished the earliest, the real estate degree will require the most amount of time (that one is not even at my school so it'll require a significant change of plans)What do you guys think is the best option?

I find that working on a floating margin based on completion of work is a good way to limit financial exposure on a flip.

Its expensive (4X landlord insurance, which is higher than homeowners), short term (3 months at a time) and has very limited coverage.Taxes can be tricky.

It is in talks he has not agreed to the price yet however I been buys his other property so with that and the limited market odds are in favor of the seller.

I just wanted to get an idea from some other people as to how open the communication is within your neighborhood and hoa.I live in a community with 382 people and my hoa actually makes a conscious effort to limit the correspondance to the community.

I suspect they will cool it for a day or two and then be right back at it.I would have given them a written notice that the brother was not on the rental agreement and he would have to move out within 72 hours, or I would file an eviction on them.If your rental agreement doesn't clearly state that no additional persons can move in without written permission, and clearly have a limit on how long guests can stay, then get your rental agreement changed.Also be sure it says no pet-sitting, while you are at it.I might not evict, but they'd get their 30 day notice if he didn't move out.

Sure, its the June 19, 2008 Realty Times, "Holding Property in an LLC Just Got Tougher" by Diane Kennedy"Freddie Mac, one of the two largest underwriters of conforming loans on the secondary market, have changed their internal rules to state that they will no longer refinance a property that has been inside of a Limited Liability Company (LLC) for any time within the past 6 months."