Can someone please let me know the mechanics of the recording process on an owner-financed deal?

Sharing how I get free leads and explaining the process openly is about teaching, not selling.

There has to be an account in the middle for repairs, renovations, etc. and you want to know how that will be disbursed and if you need a workflow between you.If you decide to do it, just start small with an asset that is as close to can't lose as possible so you can fine-tune your collective process.

The process of selling is a bit more complicated and is a much larger transaction that can have a lot of nuances depending on the deal.

There are going to be three levels of addressing this 1) things you can simply go there and do anytime (pick up pet waste and throw it away) 2) things you can do given proper notice (enter the unit and inspect, repair damage etc) and 3) things you can only do given proper process/procedure (notice to vacate, increase rent etc.)

Thanks for calling.If they fill out a written application, then you will send them a written denial.You don't have to process the entire application, either.

In that case I’ll want a real estate attorney for the closing process.

It's so helpful for the community to see when people have questions, and see their thought process, and then learn from what they decide!!

Keeping tenants informed and satisfied during the process ensures smooth occupancy transitions.

Early research and collaboration with local authorities are essential to streamline the process.