Also I see different initiating actions such as informal, formal, and voluntary statment, Filing of will of deceased no petition.

Hello EveryoneMy husband and I have been following biggerpockets for a couple of months, educating ourselves through books and now are looking to jump in and take action!

Hello EveryoneMy husband and I have been following biggerpockets for a couple of months, educating ourselves through books and now are looking to jump in and take action!

Here's the breakdown:* Properties - has rollups from Income, Expenses and Reserves tables to compare P&L across properties* Tasks - notes and action items and when things are due.

Some positive stuff is going on there and I'm willing to invest.

Is it possible to find any positive cash flow properties in LA during this hot market?

Also I would not want to be in a position where I have to compete with these new developments with a dated MF building lacking the anemnities and quality in construction (think noise insulation between apartments and floors).The single family market is a very different story.

I own my two other single family rentals  free and clear and have positive cash flow.

Having positive and motivated people around you is the biggest "hack" that is often overlooked.

Hi Mike,Purchasing a 2nd position lien only gives you the note holder the rights to collect payments per the note and mortgage for that specific lien.