Cap rates are very good tools to use when a broker is selling a property but when dicetedthe NOI appears.

Is there a way to get my money without having to deal with courts and lawyers?

Originally posted by "dafly":When you see a "For Rent" sign and wonder how much they are charging.Bonus points if you pull out your cell phone and call the number immediately to find out.I have actually bought the 20 dollar prepaid cellphones with local area codes and asked for rent figures in differnet "dialiects" so I could call appear as a local and not be tracked...lol.

Short sales here are a pain.Furthermore...deficiency JUDGMENTS are for Judicial Foreclosures and only occur when the homeowner is foreclosed on via the court system and not trustee's sale.

The courts will enforce the bank's rights and have the sheriff toss you out if you don't leave.

This is the 2nd wave and I believe that we are going to see more properties in trouble from many folks who "appear" to being doing well.The intelliegent people are the one's who come to this forum and the like because they did something like buy rentals at market value at the peak market a few years ago and now are running a negative cash-flow and negative equity.

just about every county has a clerk of courts web page and you can search just by their names....Originally posted by "aly0705":Mike, did you check his criminal history with just his name?

If so, does it appear to you that you violated any part of it?

The types of improvements that borrowers may make using Section 203(k) financing include: structural alterations and reconstruction.modernization and improvements to the home's function.elimination of health and safety hazards.changes that improve appearance and eliminate obsolescence.reconditioning or replacing plumbing; installing a well and/or septic system.adding or replacing roofing, gutters, and downspouts.adding or replacing floors and/or floor treatments.major landscape work and site improvements.enhancing accessibility for a disabled person.making energy conservation improvements.

Went to commercial lender on the second house which sits on a great lot (with court filed redrawn lot).