Executive Summary Project: Appraised Value: Name: C.T.

While the people who speak bad about it talk about the fees involved and how its almost impossible to get in touch with the hubzu staff.

It won't matter one bit if s/he makes every last client execute an affidavit swearing that they're aware of the risks of hiring a nonlawyer for legal services -- they crossed the line.

If you execute one of these yourself, and get it notarized, is it valid without a title search, insurance, etc?

Any pointers on how to execute the Refinance step on such a property?

I actually wanted to be an airline pilot and was taking lessons at 17 to 18 but in the day it was too long of a wait to get hired.. my first year in the business in 1975/76  I made almost 50k as an 18 to 19 year old.. that was darn near an executive salary and never looked back.I focused on buying my primary residences before rentals never really liked rentals.. 

Remember, many in this business either do our own due diligence or have staff that does it for us.

.• Staff would be a CFO, Underwriter, Transaction Coordinator, Accounting, Processors and Events/marketing plus admin.

Make sure the agreement is written up by an attorney for added piece of mind for both parties and execute it via notary.2 weeks is doable but crazy close. 

We have a 36 bed ALF - Lower income - we figured out how to make money serving a market others do not like to serve -It's been rewarding We have GREAT people/staff now --- People are one of the most important aspectsAs for #'s - it really is a depends question as labor rates vary, state regs are going to vary on how you need to staff etc.Here's the order of our expenses monthly:Wages  (About 40-50% of revenue when we have a good month - fluctuates and this includes my salary which really at any other location may be a management fee etc - but wise to build something in)Principal and interest paymentFood  (When I bought the business Food was higher than P&I but we got it lowered by tweaking some things - I'm sure we could tweak it a little more but I'm not the type that wants to wring every drop of blood out of a turnip - some waste, loss etc is going to happen - I have cooks that take good care of the residents and they are happy which is what I care about)ElectricityAnyways wages by far and away are the largest expense item.I went down this path so am a bit biased I guess - but find a struggling business or an existing one for sale and find a way to buy it and then improve the operations.