I am not the buy / hold king yet but I have to claim it for it to come true lol Let me guess.... your not a surgeon either, but you stayed at a holiday inn last night.

We worked our normal job every day then at night worked on my house.

Hi Wayne, my best advice for probates is to work with a probate attorney to make sure all of the proper contracts and legalities are being used.

Or if they win the monthly prize a $20 max ( including tax) prize is a good incentive, including the "thank you for being a great resident / tenant" is also proper to include.Christmas is be about caring / sharing and giving back to the people that basically give you your income.

My friend asked me to reach out because the contractors he has now are doing a terrible job and don't have the proper permits to finish the job.

We started off by doing side jobs on weekends and nights and saving up our money, eventially we worked a deal to do a flip for a guy for a percentage of the profit and just went from there.

I was a newbie, I did not know how to screen or evict tenants properly, and my tax returns showed loss after depreciation. 

IMO and experience the 50% rule is overly conservative - - I use 30% of GSI as a boundary to determine if the property is being managed properly - - lower indicates inaccurate data and higher indicates obsolete fixtures and equipment.

Second this post is not in the proper forum.

Hi Michael,I'm new here as well (joined last night).