It’s honestly a waste of my time and resources if I’m bringing along market experts such as contractors, agents and photographers and getting detailed information for the buyer, if they’re just going to walk it themselves out of fear.That’s the reason I quoted the book, that paragraph resonated with me and THOSE are the type of buyers that I need to work with; they know exactly what they want, they’re serious and let numbers and “proof” guide their judgement, not emotion.

I will definitely do some reading and use my best judgement when looking for tenants.

You have to distance your current self from whatever it is, a bankruptcy, a foreclosure, 90 day lates, judgements, collections or whatever.  

Don't work with any lender that you can't do a thorough vetting of yourself whether via verifying references, reviews, etc or using your best judgement. 

Block out the noise, settle on ONE strategy to start, and have faith in your judgement. 

Obviously this was also a breach of their mortgage deed as there is no evidence the owner obtained permission from Wells Fargo to transfer ownership to their trust.The Lis Pendens was served to both the owner and the living trust, however the actual foreclosure judgement only named the owners and not the living trust.So technically the living trust still has ownership on the title as the foreclosure judgement omitted naming it.My lawyer said Wells Fargo may need to do a strict foreclosure on the living trust to clear the title unless they can provide some sort of documentation the trust was included.Wells Fargo had the property listed on their REO website, had a realtor list it on MLS etc.

Safety ought to be our number one priority when it comes to where we spend repair dollars, IMO.I say fix the property if necessary and wait to make a judgement on the tenant after they have been given a chance to show their colors.

I make it clear what I'm looking for and what they're looking for matches.As for screening...I look through all of their pictures and a lot of their posts and use my best judgement on who they are.

He was found and look what happened to him.Another lady who worked there had several hundred thousand dollars in judgements against her.

This is at a minimum; many transactions will also include one or more of the following: assignment of rents, default judgement, fixtures, furnishings and equipment lien, notification of legal representation, additional security interest document, correction agreement, UCC filing, notice of fees, Usury acknowledgement, extension fee agreement, non homestead affidavit, truth in lending acknowledgment, and probably a few more that I’m unfamiliar with.If you’re asking about interest rate and loan terms, a general guideline is that interest rates can be as low as 6% and as high as state usury laws allow, usually 18-24%.