She told me her house she's in now caught on fire and no fire insurance $80K in damages that are coming out of pocket so I'm assuming my payments since Sept have helped Renovate her home :-( I have a good Lawyer but what can I sue her for ages using my payments to support and renovate her home !!

There is a big difference between fire and dwelling insurance and a commercial policy.Through what I learned to get the best rates some insurers will only pool certain properties.

On a related note, about 60% of claims to investment properties are caused by tenant negligence (think kitchen fires, etc...).

I've always been interested in RE, just never really took the time to learn.Usually I'm a "ready,fire,AIM" kinda guy but I've decided to switch it up and take my time to accumulate some real knowledge on this stuff.With that being said, are there any good "non guru" (no upsells) type books I should dig into that cover the basics of real estate, REI, or even investing in general?

Clearly, everyone with a bit of understanding of biology understands that "muscle memory" is formed by synapses organizing/firing in a certain way in your brain (since your brain controls your muscles along with everything else in your body), but this guy was convinced that everyone else thought that muscles really had a memory.

J Scott, I know you're pasionate about building good relationships with the appraisers, if you can good for you, but people do need to be careful as to what they say and how they say it, if thier blood sugar level is really high, it can back fire on you and, if they really don't like it, they can report you for making an attempt to influence them.

Hi Robert,I work for Las Vegas Fire and Rescue.

At the least, we have to hire, fire, write-checks, and sign-contracts regarding 3rd party contractors and property managers.

Hi Karen, the market is on fire ,ultra low inventory, same as orange county, Phoenix is also a hot market, thats partly why Im shifting gears, finding a new niche, I going to be doing marketing compaign for those sellers in trouble.

Let me play devil's advocate and fill in some guesstimates for additional expenses, vacancy, etc.Rent 40,080 3% Vacancy/Credit Loss 1,200 OpEx:Advertising 300 Insurance (fire and liability) 1,200 Lawn/Snow 300 Repairs and Maintenance 2,400 Taxes - Real Estate 3,600 Utilities - Electricity 500 Utilities - Fuel Oil 1,200 Utilities - Sewer and Water 600 TOTAL OPERATING EXPENSES 10,100 NET OPERATING INCOME 28,780 Debt Service 802 CASH FLOW 27,976 Cash-on-Cash 7.44%I must tell you that I'm not a big fan of cash-on-cash as a metric, because it doesn't take into account time value of money -- it assumes just the first-year's performance.