You arrive on the scene as the problem solver and you find a solution to their problem.

Well, if you dislike BO so much that you won't listen to him, you'll never know what his basic plan is that he has mentioned, oh, maybe 50 times.Something that went under the Radar Joel, was that many of the large corporations, even small ones, saw the economic crash as an oportunity to clean house, they didn't have to fire all that they did, but they saw the opportunity to cut overhead and increase profits while getting out of contracts, so they did.

For each trip you can just click start when you leave, hit stop when you arrive and leave a little note with any pertinent information.

Adam, you are on a site that favors cash flow over appreciation and rightly so because of the recent crash in prices.

Horse-feathers as my grandfather would say.Skimming over the aspects of finding a note, negotiating a price, getting agreements and assignments signed, calling the borrower and introducing yourself is not an education, it's an enlightenment to the process.Now, hopefully everyone knows why I seem so negative when someone that has no finance knowledge, very little real estate knowledge and a lack of business experience posts to say they want to get into the note business and begin next month after some crash course.If someone is a technician in some field or a business operator, perhaps an airline pilot or a computer engineer, there is no way I could step into their shoes in a month or probably a year and do what they do.

Unfortunately, when the market crashed, we decided to lease it out and relocate to So Cal, where there's a better real estate market.

. = 43980 annual gross incomeUsing the 50% rule we arrive at $21,990 (taxes, insurance, maintenance, holding costs, vacancy, property management, other expenses...?)

I am thinking we should have another crash or two before its all washed out.

For a quick test to see if I am interested in checking out a MHP I take the occupied spaces and calculate a gross rent from only the occupied spaces and then multiply times 60% to eliminate 40% for expenses and have a rough NOI to divide by the cap rate I desire from the MHP and arrive at a max price to offer.

Had to wait the two weeks because it took 10 days for the Trustee's Deed to arrive.