If you buy your relative’s house for $130k-$140k and put in $10k of updates, make sure to get a Broker Price Opinion (BPO) and/or a formal appraisal to show its true value.

We have an initiative called Eviction Free Milwaukee - sounds like a great idea, because evictions are a lose-lose for investors and renters nobody wants evictions.Most evictions are because of non-payment, but instead of helping with rent payments the majority of the funds goes to free attorneys (rookies usually) trying to stop eviction cases on formalities.

It may also help to show a formal contractor bid with a dollar amount to fix the violations to justify the amount of your OWN MONEY you are asking for.  

Immediately, have them sign a month-to-month lease to formalize your relationship and set basic terms.

She sent me this long formal letter asking me to change her annual lease to month to month because she is seeing roaches in the unit.  

This step formalizes the transfer of rights from you to the new buyer.It's crucial to ensure that all parties are aware of and agree to the assignment process before proceeding.Closing:At the closing, the new buyer typically pays the purchase price outlined in the original purchase agreement directly to the seller.Simultaneously, the new buyer pays the assignment fee (your profit) to you, as specified in the assignment agreement.The closing may involve a title company or attorney to facilitate the transfer of ownership and ensure all legal requirements are met.

As an example, the highest designation (MPM-Master Property Manager which I have) means that you have to have practical experience (you need 500 unit years- meaning if you managed 100 units, it would take you a minimum of 5 years), education (24 hours minimum of formal classes- or 3 days for this designation) as well as letters of recommendation from clients as well as peers (other MPMs) and you have to invest time in the property management organization be it locally, state-wide or nationally over YEARS.So the designation process, including those that are in their candidacy, takes a lot of effort and you grow through the process in many ways including wisdom (a lot actually)! 

How Technology Changed My Real Estate Business in the Last 25 Years25 years ago I decided to “formalize” by hard money / private money investments and start an investment fund and syndicate these note opportunities.

My wife has a formal degree in design where whe loves creating floor plans and building/renovating homes.

we just started a company, and we have dived into tax liens, so I am still kind of new at this, but if you are interested in tax liens, I would say it is the way to go, also I have not taking any formal educational program, not yet, I just have gotten a source that I could purchase tax lien properties from and it has been very valuable....So what questions can I answer for you?