We have lots of aged building stock here - Victorian or older - that can often be found at relatively descent prices due to the fact they are energy pigs.While it is true that a kitchen or bathroom installed today will be a 20yr old kitchen or bath when it comes time to sell, adding insulation, improved electrical, plumbing, ventilation ... all those "under the hood" type of renovations will bring comfort and health benefits to your tenants and operational benefits to your bottom line.

Rent increases will keep you in a positive cash flow position and after your loan is paid off, you own these properties free and clear.Rental property owners don't buy a property to rent, they are buying the cash flow the property will generate.

Looking to develop flipping skills and increase the number of income generating rental properties under my belt.

They charge $60 per month which includes iPad, documents, etc. but for new agents they start you at 60/40 commission splits until you generate $29k total in commissions for the company then they offer varying levels of commission split plans.

It seems like with the right concept, this model could generate some good money.I've got a couple of ideas, but I wanted to see if someone else has already perfected the concept and wouldn't mind giving me some insight on the process.

I'm wondering if I should create an account with Chase or a local bank for my business.I don't know the benefits from one to the other...All I'm looking to do starting out is to hold the money I generate from REI to the account.I would however want the bank to auto-deduct rent from my future tenants accounts in the future without paying an arm and a leg.I'd love to hear how you feel about the two!?

You need something like $6000 a month in rent to generate a reasonable return.

I highlight this for two reasons: one is that wholesaling will take time and energy today to set up (even with systems) - and even longer to be successful.

Heating costs are really a killer in Maine so I'm going to focus on improving the energy efficiency by replacing the old windows and insulating the attic.

This is a technique taught by one or more of the "gurus" to generate a bunch of bird dogs who will "work for you for FREE!".