HUD allows 45 days for closing, typically among the guys I know and work with, they spend that 45 days finding an end buyer.

This is the general consensus among the real estate agents I've talked to.

Their fees are among the lowest, and they were very friendly and helpful on the phone.

That, my friend, is among the most difficult challenges I have faced in real estate.

Hello everyone...I wanted to let people know that I have founded a new real estate investors networking club in North Texas.Club name: Investors Group of TexasThe club will hold the monthly meetings at the Embassy Suites in Frisco, Texas (north Dallas suburb).The club launch meeting will be on Tuesday, October 9th from 6pm to 9pm.I, Jim Watkins, will be the featured speaker.The first meeting is invite only however, anyone can register to be among the invited.

Among the problems with properties in this price/rent range is that they don't appreciate, they're management and turnover intensive and there's not a lot of chance to "improve" them and raise their value or rent.Before jumping into any more I'd look at getting some real returns out of these.

We continue to be Ranked the Best" or among the "Top areas in the U.S." to do business and have careers, to retire, relocate, or one of the "50 Fabulous Places Live in America.My construction company, GL Green and Associates, builds custom Tuscan style homes starting in the low 200’s to multi million dollar estate homes.

(this is usually NOT the best course of action)All the attorney will do is hire a collection company that has more bark than bite and rarely collects any money.The other option is to use a judgement recovery company.They usually pay the court costs and filing fees and then split 50/50 of whatever they recover.Sometimes they will buy the judgement outright for real cheap.In this case you get your cash right away and move on.Judgements depending on the smarts of the tenant can take 3 months to years to collect.Some tenants are judgement proof.This can happen when:1.The funds are retirement funds in a bank or social security where money can't be taken.2.The tenant works a job where their income is at a level where they cannot be garnished by Federal Law.Even when you can garnish you can only take 25% each time.If their are other judgements already garnishing then the 25% gets split up among the garnishments.85% of judgements never collect a dime because of the work involved.Even if the judgement company you employ chases the tenants for money the tenant may pay or they might just file BK if they have other debts.A chapter 7 costs thousands so it would depend on their other total debts and how much your judgement is for.This is why it is important to carefully screen tenants.They need to have good credit,a good job with long work history,etc. or something where you know you can collect if they default.If you have multiple tenants staying in one place and they all make minimum wage it will be hard to collect on them later versus one person showing great income.Hope it helps.

Google "why hire a property manager" and you'll fail to see anywhere among the top 4 hits (I stopped there) do any of them provide "increased liability protection" as a reason for hiring them.

Every 4 weeks the facilitator (this position rotates among the group) sends email asking for goals to be submitted by a certain date.