If your lender has all the documents they need from the buyer and there are enough comps in the area, they can type the information into their system and see if it qualifies for a waiver.

My tip, work on systems, tools and marketing before you quit your W2, so you have your lead gen automated and can focus on working with people and not have to take time to build systems.

Do you use a software/system with your property manager to keep track of all rent collected, capital spent on repairs, and more to stay organized?

I have never done the rent out rooms but seems like a good idea if you get some systems in place.

And in reality, in 35 years, you will have 1-2 more roofs, a few HVAC systems, a new kitchen and baths or two, repainting many times over, etc.

Quick questions getting started - 1) Which app or system do you use to manage the details of your properties?

So I hired an attorney because this is my first eviction and the timing was all wrong, the attorney left the US for 2 weeks and the court hearing was yesterday, took 4 hours because the city systems were all malfunctioning and Magistrate wasn't able to see our paperwork.

. :-)Maybe a probate specialist will step in here but I ASSUME if the obvious heirs can’t afford probate the courts will still run the probate system somehow, sell the house and give them the remainder after all debtors re paid off?

The main goal I have this year is to improve my systems and structures around finances and delegate that out.

From there, potential additional revenue opportunities can be identified.Unit Conditions and RenovationsUnless the property in consideration is a brand-new complex with new systems and appliances, it is critical to an investor’s forecast to understand each unit’s makeup, i.e. flooring, types of appliances, countertops, etc., and condition.