I should also note that the GC reduced his profit margin to less than 10% on this particular bill, which offset the use of the contingency fund.

You might consider filing a complaint against your neighbor for trespassing i.e. running an extension cord across your property line, and seek an injunction preventing him from do this.

But there are definitely ways we can reduce them.

(it will reduce your expenses)3) Do you do “dry” closings?

It took me ten seconds to find this link which details the requirements of a foreclosure consultant in New Jersey.http://www.nolo.com/legal-encyclopedia/new-jerseys-foreclosure-rescue-fraud-prevention-act.htmlPeople like you make it embarrassing form me to tell people I am a Real Estate investor.

When an investor starts to get CREATIVE which usually means little to no money down and all kinds of off the wall techniques then the odds of closing go way down.For the investor that hits the 1 in 100 miracle home run on a creative deal it is worth it to them but for the broker or agent it's usually just a waste of time.I wouldn't say not having an everyday single agreement is wrong but I would say it greatly reduces your chances of an offer being accepted by a seller.

After all, in their best interest to reduce their risk by these items.Remember that it's not the job of the title company to fix the problems that your deals present.

If the lender wants to do the whole deal under one loan, you can go there, costs may be less, but ensure that you get a release fee for each property, so that later on you can refinance or sell one property without having to reduce amounts owed on the entire loan.

You walk about knowing what you might need fixing and how likely they are going to stay or leave.You could implement a rent increase but offer an incentive at a reduced rate if they sign a one year lease.Also the tenants will talk to each other, especially during an ownership change.

.-- Not shopping around for insurance as diligently as I should have-- Not establishing a preventive maintaince schedule for my HVAC units before the hot/cold seasonI learned a lot this year.