1st lien performing under 100K UPB.

Hello,I use a number of sites including tapping the knowledge of property managers.PMs know better the trends in renting; what's renting better in an area (ie 4/2,3/2,3/1) and what it's renting for but I don't want to...

My goal is to train the resident to pay on time and perform under our lease agreement.

Hello all,I've started compiling a list of issues to check for when performing due-diligence for a performing-first lien note.

How have these smaller buildings performed during earthquakes in recent memory? 

Does anyone know the best site to get an accurate ARV estimate, specifically for investing in Memphis?

Even if you have access to the sellers expense report it may not be entirely accurate.

(there is a reason the property is cheap, and that's because you will probably put in a lot of sweat equity collecting rents and dealing with residents)On to the actual management and what to expect .As you are discovering that closing on the deal is just the beginning, now starts the real work: Getting the property to perform consistently and provide you with cash flow!

The likelihood is that he is going to not perform, trash your property (what's he got to lose?)

If you are a principal broker with a brokerage then you should be getting the commission.If you are with a brokerage your broker is responsible for all real estate related activity you are performing however if an agent goes rouge that is not a brokerages fault but the agents for not reporting.