Plan for flexibility for when your life changes (more kids, bigger business, a new partner bring you into a new venture, parents become dependent, divorce, new spouse with kids in tow) or the biggest change - declining health.Keep in mind that NOTHING prevents you from owning more than one insurance policy ... perhaps a term policy AND a cash value policy.Good luck and be thankful that you are exploring this topic early in your life.

Hi all, I'm in the process of purchasing a property in Mesquite and the termite inspector recommended removing a dead tree stump up against the foundation as a preventative measure.My question is, should I remove it?

What precautions would you say to use to prevent such a scam to a newbie?

I plan on making 30k my max loan value, to prevent over leverage.

Or do the economics of those properties over the long-term prevent a property management fee from penciling out?  

Are these people with chronic health issues that eventually prevent them from being successful?

Yesterday I went to the unit to do a clean out and the tenant has obviously not moved out, has installed an interior latch preventing entry and would not answer the door.

YOUNG FOLK WILL NOT TOLERATE OUR NONSENSE ONCE THEY HAVE THE OPPORTUNITY TO PREVENT IT.Please for the sake of our business, keep up with the times.

I have a bankruptcy that will prevent me from getting an FHA for 9 more months due to the 2 year rule.

Basic landlord tools should include a lot of the above, but also a toilet auger (one that has the plastic sleeve to prevent scratching porcelain).