I almost signed up for a $5000 mentorship (discounted from $7500 because he was running a special), also talked to a different guru/coach who charges $18,000 (several people have posted about this individual if you search the forums).

(Approximately 13 states have either state Inheritance Tax or state Estate Tax, so that would possibly apply in other states besides PA.)Welfare LiensNursing home liensMechanics LiensMortgages in order of recording date, first mortgages before second or third mortgagesJudgements (once boought a property where there was alien because the owner got in a bar fight and was sucessfully sued for medical bills esulting in a judgemen.)Federal Tax Liens (Special rrules apply to IRS liens)The precedence of pay off is determined by state law, government first, then the rest by date recorded.Then is anything else is left over it goes to the former owner.On one of our purchases there was a big Nursing Home lien that the Tax Claim Bureau was not aware of. 

It might help to shop around with more specialized lenders or brokers who work with self-employed investors to find better terms.

Let them know despite repeated attempts to collect the money, it is not forthcoming and that you will be starting the eviction process for non-payment of rent...then hire an attorney who specializes in evictions and get the process started.

I am a new real estate investor who is looking to close on my first deal in the next 2 weeks and I want to be prepared for tax season.

ACCELERATION Unless Landlord elects not to accelerate rent, all monthly rent for the rest of the Lease term or renewal period will be accelerated automatically without notice or demand (before or after acceleration) and will be immediately due and delinquent if, without Landlord’s written consent: (A) Tenant move out, remove property in preparing to move out, or Tenant or any occupant gives oral or written notice of intent to move out before the Lease term or renewal period ends; and (B) Tenant haven’t paid all rent for the entire Lease term or renewal period.

However, it’s important to price competitively and be prepared for buyers to request concessions.

It is very difficult to execute as there are so many moving parts and people involved. if you do a few buy and holds first, test out contractors and slowly build your team you can prepare yourself to take on deals like this. 

I'm Ryan, based in Indianapolis, where we specialize in Build-to-Rent (BTR) duplexes.

Additionally, many hosts who weren't fully prepared are now becoming absentee owners, especially as the strategy isn’t as easy or profitable as it once was.