http://www.statutes.legis.state.tx.us/SOTWDocs/PR/htm/PR.92.htmI don't do this very often, so don't get in the habbit, LOL9200.14.5 Removal of property after 30 days of notice postmarked, you are in a bailee position and after 30 days you're not responsible for disposition

Marie Poe says here.Only thing I would add is that we train our CFK folks to do the following:1) Make contact as a wage earning employee representing a small group of investors (this curbs their likely disdain for large banking institutions).2) Try to get to the root of their problems before demanding they leave or offering money.3) Try to offer assistance instead of money (moving van, able bodied workers).4) Try to offer less money instead of more money.5) Follow up diligently to ensure any CFK agreement is adhered to strictly.6) (As others have suggested) Concurrently file initial UD action along with the CFK negotiation, so you are able to carry a big stick while also speaking softly.If you're able to do all of these things, you should be pretty successful in occupant disposition.

I did find a HML lender operating in MD and GA that notes on their site that "All loans are written with a Confess Judgment provision, such that we can expedite the foreclosure process to obtain the asset for quick disposition."

Investment income is defined as income from interest, dividends, annuities, royalties and rents, and net gain from disposition of property, other than such income derived in the ordinary course of a trade or business (however, income from passive activities and from a trade or business of trading in financial instruments or commodities is included in the definition of net investment income).This provision applies to tax years beginning after Dec. 31, 2012."

Trying to use Dave's podcast as directions to disposition your note neglects important details of your note situation.

It simply is the result of compressing all the costs of acquisition and of disposition into a short time frame, which takes all the steam out of your IRR.

:) WI 704.5 (5) Storage or disposition of personalty left by tenant.

@J Scott You are correct that the industry standard use of IRR is for measuring the complete cycle of an investment, acquisition through disposition.

Mike:It will depend on factors such as your property tax laws and capital gains (on disposition).

As such, Buyer understands that Seller will not provide any case numbers, current disposition of any eviction proceedings, nor contact information for Seller's attorney.