Be professional, and always write and follow strict policies and procedures.

In any business in order for it to succeed you have to have a business plan , you have to policies and procedures not only in place but followed. 

Referred him to get an attorney but am curious as to the procedure nevertheless.

Hello fellow RE Investors,

I am looking for a step by step guide on how to buy Foreclosures and I have been unsuccessful in my search on the Internet.

There are many explanations of the Foreclosure process (includ...

If a person wants to leave or a person wants to join into the rental agreement, we have a procedure for making that happen.

Hi "Savvier-then-me" Investors,I'm a SoCal investor (wholesaler - only cash sales, no double closes) and have a question about the assignment steps in a wholesale deal, as I have conflicting data about how the procedure is negotiated during the assignment.

Standard procedure to figure a reversion cap is to add a 1/4 or 1/2 percent to today's rate to account for the uncertainty.

They can work with you and receive cash for keys if they move out by x date, otherwise you'll have to follow legal procedure and will start eviction the first day you take ownership.Whether you get the property in broom swept condition is in my opinion a small concern.One of the reasons the owner is selling is probably because they don't want to handle the eviction, your role as an investor is to take on the challenge and make it easy for the seller.

@Curt Davis   being in the timber business for many years flying timber stands was standard procedure and the only way to effectively cover lots of ground..

I still have to get an appraisal and inspection but that's standard procedure.