For the most current ownership info and sales history in Cumberland County, try the Recorder of Deeds Office—this is where you’ll find detailed property transaction records, accessible online through a service called Landex on their website.

If it continues to perform this well we don't see the need to hire an appointment setter... saves a ton of headache as the position is definitely high turnover.Do y'all think a mortgage brokerage, hard money lender, or wholesaling company could benefit from a system like this?

Sounds great .Good to know that you had a positive experience with him!

This will strengthen your position when discussing the property's value.### 2.

This creates two loan payments ($100,000 of equity and $300,000 on the new mortgage).Key NumbersHome Equity Loan Interest Rate: 6%Mortgage Interest Rate: 7%Rental Income: $3,000 per monthExpenses (management, taxes, insurance, maintenance): $800 per monthIncome and ExpensesMonthly Rental Income: $3,000Monthly Expenses: $800Monthly Mortgage Payment: $2,000ExplanationThe investor earns $3,000 in rent each month.They pay $2,000 on the investment property mortgage and $800 on other expenses.This leaves $200 profit each month or $2,400 per year.However, you have to pay $6,000 interest on the equity borrowed.This leaves you with an annual loss of $3,600.While the rental property generates positive monthly income, the interest cost of borrowing the initial $100,000 results in an overall annual loss.

Let me know if you have any questions...there are so many nuances when it comes to lending guidelines, getting the best terms, and setting yourself up in the best position possible for properties 2,3,4 and beyond as you build your empire. 

There are thousands of time shares for sale on the net and vacations can be had for pennies on the dollar.I think we sold his time share on a web site selling them for about $20.

Benefits of cost segregation really come down to personal tax positions… they can definitely help you lower taxable income but it’s situationally dependent. 

If anyone has any direct experience with any deals running into trouble please let us know as it is likely there are many more operators in similar positions if they purchased over the last 2 years. 

DM if interested and I'll send you the website link.