Something that is increasingly important to those clients is being cash flow positive from day 1 and this is what we deliver.

There are two ways to do this decrease spending and increase income.

After closing, work on increasing your income, reducing debt, and preparing for a second mortgage.

They become renters, MASS increase of renters.

Or is it calculated daily and the base rent increases after 10 days when the late fee hits the account?

You may get one more year from them with a $75 increase but that's about all.

Thus, when a foreclosure sale is held, you can set the bid amount up to the amount of the total debt, which would likely increase from 80K to include the legal fees, receivership costs(we suggest 5 - 10% of the rents collected), repair costs, additional accrued interest, minus rents collected.

@Bryan HartlenManaging low-end properties can be demanding due to higher tenant turnover, increased maintenance needs, and frequent rent collection issues.

You can earn strong appreciation but also lose a lot as the entire state becomes increasingly hostile to landlords.

We offer a $200 referral fee, and have been considering increasing it.