This also comes with advantage of anonymity of owner and address.3) Operating LLC (Y) will be a single member Wyoming LLC and works as a Property Management responsible for day to day operations such as collecting rents, making mortgage/insurance/HOA payments etc on each LLCs (A,B,C) behalf.

This can be an extremely time-consuming and frustrating process but needs to get done.Borrower Calls – Once the servicer finds your borrower, they’ll make scheduled collection calls notating what transpired and what actions need to be taken.Collection Letters – A variety of collection letters are mailed out based on the delinquency of the borrower.Borrower Statements – Print and mail out monthly borrower statements.Incoming Funds from Borrowers– Any incoming funds from the borrowers will be received, recorded, and distributed to the investor, less the servicer’s fees.Year-End Tax Information – At the end of the year, the servicing company will print out all eligible borrowers who have made interest payments greater than $600.

I have an eviction in process in Madison county IL (southern IL). Tenant did not pay May, June, July, or August. $1550/mo. Had court date 8/1, they no showed, so we have default judgement. Supposed to be out by 8/13, ...

but it's not 2016 anymore.it's just to pay the same, or less than, you would renting.I'm going to use simple numbers. say you could rent for $2000 a month, or you could house hack, and if you house hack, you'd still need to pay $1432 toward the mortgage after collecting rent. this is way, way better. why?

My tenants all get along and the homes are very clean every time I pop in to collect rent in my lock boxes some people drop cash in.

And I use Baselane for for rent collection, banking, and accounting.

In the deed sale case there are two clear amounts, the amount the owner owed in taxes and the amount collected from the sale.

Zoho forms, use it for your site or to collect leads info on social media platforms.Zoho SalesIQ.

Let’s share some insights and maybe even explore opportunities to help each other out.Looking forward to the discussion and learning from the collective wisdom of this community!

I'm very interested in creative financing options with sellers as well.Right now I'm using propstream to help assist in data collecting to focus on off-market deals.