This way, the tenants become much more invested in maintaining the property and believe they got a great deal on the place making them much more likely to stay long term.† If you hire professional property management make sure you pay based on percentage of rents collected so you don’t incur excess expenses on vacancies.If you have multiple back up exit strategies you can go forward with confidence on any deals.† Just make sure you increase the spread you normally work with to give yourself the most options.

And as a professional photographer, I have to say your profile photo is excellent :D

Thanks Jon,I am going to try to talk to some professionals about this.

My neighbors understood some English and that’s expected since most young professionals do have some command of the language but when you’re living in a community and are hoping to integrate, language can be a barrier - I failed at making that effort.

The next plan of action would be to talk to professionals who will make this deal a reality.I think the key will be to build a quality team to navigate this first transaction, (and possibly future transactions.)For my specific situation, I want to invest property out of state.

In your professional opinion, do you find anything wrong morally or legally with the practices Conti is teaching?

If there is something I am not sure of and I am serious about the property then I call up a contractor to get their professional opinion.Not using the inspection clause also gets you a more serious look by the seller because that is one less hoop they have to jump through also.

I pay a professional to do my taxes and the fact is that every year for the past 5 years, I have not owed taxes on my rentals.Mike also invests in areas in which he carries a fire arm to the site, is faced with crack heads and low lifes (as he states in many posts on BP as well as his own blog).

If you need to be a property manager, deal with difficult tenants, drive long distances to your properties, etc, you'll probably want a higher return than if you just have to sit back and let a professional PM manage your property. 3) How much does the investment money cost you (cost of capital)?

I'm the owner of Professional Bird Dogging, LLC and found this forum on google search.