You get a $9 check.A public adjuster working on your behalf documents that you lost a 4 slice toaster with a setting to toast from frozen and a dial to adjust the power and it's self cleaning and it has a usb port and bla bla bla... the adjuster knows all the little things.

It is especially stupid when the lender that is laying the guilt is likely partially responsible for the person defaulting to begin with.To me the whole thing is a business transaction no matter how you slice it.

Larger size lot than others in the neighborhood, great school area, not far from higher education places, and with lemon, orange, ackee, and mango trees.

And if you manage the asset well, you get a bigger slice of the final disposition.In a way, your scenario is similar to preferred equity, but they aren't getting any interest and they'll receive a larger portion of the cash flow than is typically seen.But if you are comfortable with it, go for it.

:((Great post and link Christian.Advantages be can numerous, accounting, management, admittance and retirement of members, having different classes of voting rights of members, assignments of specific interests under one cell rather than slicing out an interest in all assets of a standard LLC.

@Matt Turcutto If you are mailing generally to the same metro area, get a mailing permit and slice your postage cost down in half.

Alternatively, we buy heirs' interests pizza-by-the-slice style.

You buy a slice and get a preferred return while being passive plus some of the equity upside on the back end.Someone might consult and say here are the steps but they are not going to do the work for you.

I'm not saying that way will be a cake walk either, because starting a business (which is what getting started in REI REALLY IS) is difficult no matter which way you slice it, but this method would get you much more respect from the RE community and greatly increase your odds of success IMO.

Maybe you could explain more of the nuts and bolts than adding slices with the inference to call you for more details.