Wes Burk
Why should a seller short sale?
8 March 2010 | 29 replies
NOTE: If you refinance a 1st mortgage on a property with a 2nd mortgage already in place the new 1st mortgage holder will require a subordination agreement from Junior Lien holders to legally establish the new mortgage holder as 1st or Senior Position.LIBOR (London Interbank Offered Rate)The interest rate charged among banks for short-term Eurodollars loans - LIBOR is a very common index for adjustable rate mortgages (ARM).Loss MitigationHome mortgage lenders look to limit losses on delinquent mortgages by working out solutions with borrowers through their Loss Mitigation Departments.MailingA copy of the Notice of Trustee’s Sale must be mailed (certified and first class) at least 20 days before the foreclosure sale to the borrower and to anyone who was entitled to receive a copy of the Notice of Default and Secretary of State and IRS, if applicable.NODShort for Notice of Default.Notice of DefaultAn official notice filed and recorded by a designated trustee at the request of a lender indicating lender has commenced foreclosure action.Notice of Trustee SaleAn official notice that is posted, mailed, published/advertised and recorded by trustee at the direction of lender indicating lender’s intention to sell the property at public auction.
Ethan S.
How old were you when you got started in real estate investing and how did you get started?
24 December 2017 | 70 replies
I had a secretary part-time for 3 months, then full time.And Glenn even took me to lunch every week, said he missed me.That first REI business was very special to me.
Zac Preston
Starting a yellow letter/postcard campaign
4 October 2015 | 12 replies
In my experience, it's intended to compel a reader to take a certain action, usually to call or go to website.For decades I've mailed business to business, which is tricky because it first has to get by a secretary, someone who "filters" the mail by sorting and trashing junk before presenting to my target reader.Mailing to a consumer is a different matter.
Douglas Peterson
Adding staff
24 August 2013 | 18 replies
My primary company manages about 325 units, and has: (2) FT owner/managers, (1) FT leasing agent, (1) FT bookkeeper, (1) FT secretary/phones, (2) PT office assistants, and then about 10 people on the maint. staff (3 painters/turn, 2 work order/repair, 2 misc, 1 Section 8 specialist, 2 supervisors that also do billable hands-on work some of the time).
Mark Hawthorne
So whats in a Name ? holdings, properities ETC (then) LLC
25 July 2017 | 16 replies
Then, READ THE LAW that governs the state in which you are forming and naming your business entity.If you need to talk to the real expert for your state, call the secretary of state's office in that state and have the receptionist transfer you to the person who handles formations and names for type of entity and ask them the question.Happy googling/dialing
Perry L.
Lend to a corporation
5 September 2012 | 18 replies
The registration if the corpotaion from the secretary of state, the articles of incorporation, a copy of the by-laws, a copy of the minutes stating that the transacion is authorized by the board of directors and authorization for a person to sign on behalf of the corpotaion.
Sean Brennan
Envelope and Printer Ink Recommendations
29 March 2013 | 4 replies
Then I just go in there or have my secretary and in minutes I have my letters.
Josiah Santillana
code violations
17 June 2019 | 14 replies
I was a broker and investor but I had my secretary with me, she wanted to learn investing, and did become a successful investor, any way I came back with a telephone book and had my secretary requesting one address at a time and finally when the light went on in the clerks brain she said come back tomorrow I'll have a list for you.
Brandon E
What are you other than a real estate investor?
27 July 2011 | 105 replies
It's nice to see what kind of backgrounds we all have.Since high school I've worked as a dietary aide, patient registration clerk, medical secretary, stay-at-home home, cardiac technician and now I currently work as an EEG tech.
Kyle Meyers
Rent Reminders
9 April 2018 | 15 replies
Once my new secretary is trained, this will be added to her tasks.Good luck!