I want to send a notice introducing us as the new owners and giving them notice that in order to renew their lease they first must consent to a criminal, credit, and eviction screening under our new minimum qualifications/new lease terms for all persons over the age of 18 that live in the home and also inform them that rent will be increasing November giving them the chance to stay if they want  and meet our rental qualifications or decide if it's best for them to move.I want to know does this seem reasonable and if there are some things I should consider before moving forward with this plan?

hi,relatively new to the game. i have a property with good potential in an area i think will appreciate well. in my current situation, i am not strapped for cash and can save 7-8k month for real estate purposes alone with my current job. this will be by first SFR and goal is to have at least 12% COCROI and have a minimum of $150+ using the 50% rule. im more or less in it for the long term game and want to retire with a rental portfolio that can supplement my income within the next 10 years. here are the two scenarios for the following property:property: $65krehab costs: $10kclosing costs: $3,200wholesaler costs: $2,500i plan to put 20% down on a 30 year fixed loan at around 4.8%Scenario 1:I cover out of pocket for rehab and wholesaler costs as well as downpayment + closing costsProperty: $65kRehab: $10kWholesaler costs: $2,500k Downpayment: $13,000kClosing costs: $3,200Total cash needed: $28, 710COCROI: 12%Monthly cash flow: $28850% rule: $313Scenario 2:I finance the rehab and wholesaler costs through my bank.

I'm Andrew Geib, currently I'm working as a lean six sigma engineer based in the Aurora/Naperville area. 1) Favorite real estate book: just picked up Rich Dad Poor Dad for the first time2) Favorite non-real estate book: Freakonomics3) Advice for new investors: seeing as I am a new to real estate, get started now rather than later. 4) Hobbies: cars, I autocross my daily driver whenever I can, I'm resorting a classic mustang, and I frequently go to car shows all across Chicagoland. 

I am planning on selling it and moving into a retirement community.

I'm planning to call her employer to confirm and find out what day she gets paid.   

I plan to make another post asking for contractors, and start looking on Angie's list.

Hey guys me and my partner are trying to create a business plan but we are struggling with what exactly needs to be on it.

Hi,I just bought my first investment property unit and now planning on the next.

I plan the first coat so that I am able to fit the second and third coats in the time allowed.

And Once I figure out which areas were damaged I'll call the absentee owners & see if they plan on selling.