If you have not already done so you might read through the Learn section above, it has loads of information. you can also set key word alerts to keep up on topics of interest to you.

In addition, the HOA (which is not the company which purchased the lien, it is the real operating HOA which simply sold a lien for cash) also has some rights to rents junior to the mortgage, usually expressed in the by-laws of the HOA.

I have garnered a wealth of information from Bigger Pockets, since I started browsing this site, and the information provided, is all practical, cut to the chase topics - geared towards personal development, as well as giving a hands on approach to investing.My background is in the administrative/clerical field, in addition to have owned and operated a cleaning business for 8 years, then went into the insurance, then medical field.

The problem was I loaded it with "outs" for me...as well as my client (...pending appraisal, title, credit check, income docs, blood and urine samples, etc).

Another question I have is what benefit does an operating agreement serve?

However, getting a conventional loan is can be iffy on these and it's hard to operate a business on 'iffy'.

You can make more than 100k off 9 properties in two years with a lot less risk of of one being vacant and having to carry the load.

Of course, down the line this may change, but for the foreseeable future that’s how we intend to operate.

Any insight would be appreciated if you have used alternative services as other investors may benefit from finding a way to reduce trash costs or any operating expense as we are in the business to find ways to make more money.1.

Then he can admit you into the company, you can manage it and assume what ever under the Operating Agreement of an LLC.