Also, try looking on a large trustee web site in your area… Usually they will have a Q&A, procedures, or buying at foreclosure sale information.

Operating expenses include (but are not limited to): taxes, insurance, management, maintenance, entity maintenance, advertising, utilities (at least during vacancies), legal fees, damage done by tenants (over the security deposit), vacancies, setouts, lawsuits, and capital expenses (not technically an operating expense).There is no 2.5% rule.

I mean, I'd almost be willing to pay for the software if I actually got to "own" it, but to pay $2K up front and then almost $840/year for the privilege of accessing it from a Web site?!

ha.Have you looked at a web-based solution?

Realty Trac has dated information.If you are truly after REO then go to the lenders themselves and see what they have.There is even a link on this site that gives you those lender web sites:http://www.biggerpockets.com/bank-reo.html

I’ve dealt with one bad tenant that did some dumb things like set an iron on new carpet in a bedroom, stained several spots in the living room, broke the lease and left early, etc… ended up keeping her security deposit so the damages were sort of evened out.

You can get a domain and a simple web site, including e-mail, for minimal cost.

But, due to favorable situations I could prevent it from being miss-used and was able to make thins go in the right way.Anyways , I would like to know that if there any services which keeps your financial information safe and make you secure about thefts.

If what you need is help managing the information, I recommend using Salesforce (web-based CRM).I'm a hard money loan officer and I use it to manage my clients' info - it is a life saver.

I recall one of the gurus that spoke at one of our local REIAs who was selling a service that included a web site.