A.K.A Quit Claim Deed

I had also been working as a financial planner and dealt with quite a few wealthy people.

That was quite entertaining.

It'd been quite the learning process and it's definately taking us longer to build it then we had hoped.

As you acknowledge, you real loss is quite a bit more than $800, with other expenses and vacancies.

I think it has been talked about quite a bit.

Some of these bills are monthly, others are quarterly; but, it can go quite a while longer before you, as the owner, know there has been a delinquency of payments when the bills are sent directly to the tenant and it is their legal duty, as per the lease, to pay.We have already discussed throughout Bigger Pockets how difficult it is to get blood (money) from the stone that is a deadbeat tenant, even with a judicial judgment against them.

That is, I go in and get a quit claim deed and then close with the end buyer and pay off all the funds.

I am quite interested in purchasing his course but would like to know if anyone out there has tried it and if so how has it worked for you.

I assume she's not making much cash flow, because the value is high and taxes and insurance would eat that up.