Then, there’s paperwork to finalize with the local housing authority, and finally, you start getting rent payments.

Finalizing a few things now but couldn’t i just use the one ipostal address for all instead of separate accounts / addresses?   

With nearly 250 homes branded under Hestia, I think I'm finally getting a little bit of traction with the big guys but there is still alot to be done. 

ust got a new tenant from section 8, after months of searching, finally , we settled on these three sisters.

That is because Keurigs need to be descaled and cleaned semi-regularly and that is one more thing for someone to complain about. 

So glad to hear you've finally made your first purchase.

I finally sold it for a small fraction of what I paid for it, but I was out from under the HOA fees and taxes which at about $1,700. per year, which is a sizeable sum for me, and as we know, these fees increase every year.Bottom line is, DO NOT purchase property there for an investment. 

But you have to understand the seller is taking on a significant risk of having someone else run the property and not knowing if they will get the final payout.If you are getting typical rates, why would you not just buy the property outright with 20% down and obtain mortgage financing from a lender?

From signing the initial agreement to finalizing the project, they maintained a high level of professionalism and kept me informed with regular updates.The deal was backed by a Joint Venture Agreement and Promissory Note, and they delivered the expected returns on schedule, with no issues along the way.If you’re considering partnering with 51 West Properties, they’ve proven to be reliable and trustworthy.

Essentially, you have to spend your own money and complete work on the property prior to reimbursing yourself out of the escrowed rehab budget.The draw process typically takes 5-7 days from initial request, to scheduling an inspection, and finally for the lender to wire those funds to you after your work is confirmed by the inspector.