The collateral file is missing two Allonges.On the title service I purchased it shows the assignments are recorded showing going from A - B and then B - C but no allonges for those transactions.What recommendations do you have?

I'm not sure how you manage a property from out of state, you'll need to have someone local that can handle maintenance, emergencies, etc. 

The alternatives are to pay $2K+ to Tax Title Services or to do a quiet title.

On an investment in a condo or co-op, what numbers are you using to calculate Cap-Ex and Maintenance in situations where HOA fees cover external items like the roof, building exterior, foundation, landscaping, etc.?  

Because your principle and interest payment is probably hovering around $2,800/month, not including property taxes and insurance, maintenance and any allowance for capex.But forgetting about cashflow, your return, even if had NO expenses or payments of any kind would be around 3.6% based on a valuation of $1.3m.  

If that number factors in maintenance, vacancy, capex reserves in addition to both principal/interest payments and the taxes and insurance I would definitely do the deal. $2580 of annual returns on a $0 investment is a hell of a return. 

Martin, first and foremost, thank you for your service to our country.Welcome to BP. 

Gino literally wrote the book on mom and pop apartments....Wheelbarrow Profits.Look for...Below market rentsOvergrown or not maintained landscapingDeferred maintenance on the exterior facadeNo online presence or marketing (word of mouth or signage only)All white interior paint schemesDated lighting and plumbing fixtures100% occupancy (can suggest below market rents)All rents in increments of $25 (a lot of money to be made in smaller increments)2 - 10 year residents at rent rates below new tenantsNo late fees in the P&LSelf-managing (tiring)Self-maintenance (a lot of work)

Hi, all.Can anyone recommend a full-service investment company in the Indianapolis market?

I haven't seen any posts about this here on BP--- I've been told by the City of Chicago plumbing inspector that I need to upgrade water service from the water main in the street to the house to 1.5" at my rehab.