What a royal pain!

not sure if that function exists but someone at google would know. p.s. if you send that idea to google, you and can split the royality.

Account ClosedHere in NB, mortgage and tax sales are reported in the Royal Gazette in advance of the auction.  

Hi,My name is Yanelis Perez and I am 28 from Royal Palm Beach area.

For context...Location: Royal Oak, MiI would estimate the house to be worth closer to 190-200kThere should be little to no rehab necessary, the owner has taken care of it well50% Rule: $1700 - 50% = $850 - $821(debt) = $29 cashflow (not great)Thanks for the help!

They were purchased having been rehabbed in the prior years and with no major deferred maintenance.Essentially going into the 2017 year the portfolio represents a group of houses that have 3 or 4 years of “wear” on them after a rehab process.The results were as follows (by Property) PROPERTY INCOME Eastpointe 2 $10,838 Royal Oak CT $10,800 Eastpointe 3 $12,660 Eastpointe 4 $11,401 Eastpointe 1 $10,620 Total Property Income $56,319 PROPERTY EXPENSES Eastpointe 2 $6,366 Royal Oak CT $6,475 Eastpointe 3 $6,867 Eastpointe 4 $7,061 Eastpointe 1 $5,587 Total Property Expenses $32,357 NET PROPERTY INCOME Eastpointe 2 $4,472 Royal Oak CT $4,325 Eastpointe 3 $5,793 Eastpointe 4 $4,340 Eastpointe 1 $5,033 Net Property Income $23,962 Alternatively here is the result by expense type (and compared to budget): Budget Actual Actual to budget Net Revenue $48,400 $56,319 $7,919 Management Fees $5,280 $6,636 -$1,356 Insurance $2,958 $3,939 -$981 Taxes $9,486 $12,092 -$2,605 Repairs, inspections $9,000 $7,255 $1,745 Utilities, Legal Fees, Other $- $2,435 -$2,435 Profit $21,676 $23,962 $2,286 Finally, here is an average breakdown per dwelling: Per Annum Per Month Management fees $1,327 $111 Insurance $788 $66 Taxes $2,418 $202 Repairs, inspections $1,451 $121 Utilities, Legal Fees, Other $487 $41 Profit $4,792 $399 A couple of points re the above numbers:-We had nil vacancy over the 2017 year.We also had some back rent which got paid.

Leaving aside allocations of fault and responsibility--both yours and the HOA--for the moment: it is not at all unusual for HOA's to royally screw up their own procedures, even if they are justified in bringing an action, and this usually leaves at a few options for legal defenses. 

Those towns are towards the southern boarder of VA, about 4.5 hours South of Front Royal.

-Also looking into Scott Royal Smith- these both seem sharp and aggressive so if anyone else has spoken to both would love to know your pros/cons and experiences. 

The Chiefs, Royals, Country Club Plaza, street cars, music and arts, and museums.