Net losses here also reduce your taxable basis making sale gains larger from a tax perspective.If you don't have any depreciation, you can owe taxes on the net rental income, even if no distributions were made to you.  

Lead Shirpa is a great skip tracing service Yes you can target motivated sellers.We just made 43k from a Post card inquiry.

Let me tell you, there's nothing quite like the feeling of closing that deal and realizing that you've made it happen.As investors experience the profitability of our deals, they become more than just satisfied partners.

The new buyer brought a new down payment that made me whole and then some, and despite the original buyer falling behind, I continued making the underlying payment on the mortgage with reserves from his original down payment.

Hopefully you know what is and what isnt well made, and decide from there.

That reality be made to conform to them. 

Most investors at those meetups will also give you a list of things to look out for and share some mistakes they've made along the way to try and help. 

Has anyone made any moves in Portugal yet? 

Thanks Ben and Joseph,We work out of state so thought outsourcing management made the most sense but will look into self / hybrid management opportunities. 

That can be legally done under the correct situations.You made some serious mistakes in the purchase, that proper training would have prevented.Again, Subto is legal, when done legally and I am not saying you've done anything illegal.The real solution is to sell and pay off the loan.