If not, you begin the process of forever barring their right to redeem the property-which upon completion gives you actual ownership of that property.2.

I'm thinking about opening a bar for motivated sellers, that way they'll be a lot easier to find...

Blackjack dealer Betty gets a few tips from Bill as he loses that check.Betty takes her tips and heads to the bar to drown her sorrows over a few shots of tequila.

Or, solving for debt service will give you an idea (albeit subject to the details of your financing arrangements) of how much you can spend to acquire the property given the average/acceptable rents in a particular area.I like bar room napkin math and this looks like a quick and dirty way to determine whether I should spend more time considering a particular property or not.Please let me know if my conclusions are flawed.Thanks again,

I wouldn't go to biker bars to enjoy a "quiet" drink either.

I use the one from Weather Channel.If you eat out, get Open Table.Get the Trip Advisor, which has some great "what's near me now" features to find restaurants and other attractions.Many banks have an online banking app.Red Laser bar code reader can scan a bar code and give you prices for it and where you can buy it.

Bars on the windows?

So far, nothing.The quitclaim deed barred the brother, his heirs, assigns, successors, etc. from claiming the property.

and from a different perspective...is there a spot on the wall nearby where you could install a heavy-duty grab bar?

NOT sure how the tenants would react to it though.But you're right it would almost guarantee payment barring them canceling their credit card.