Twentynine Palms, CA.Purchased with a JV Partner - March 2021Unpaid Principal Balance: $56,097.14Purchase price: $50,487.47 + $2,659.00 Trade Desk Fee (approx. 90% of UPB)Expenses: $10,183.10Sale price: $175,000.00Investment Period: 1 yearROI: 176.33%PROFIT: $111,670.43Summary:The contract was delinquent since 2019, expired in 2020.

March events forSalt Lake Real Estate Investors AssociationUtah Valley Real Estate Investors Associationand MJA Real Estate1.Mar 7th - SLREIA Networking Lunch Joe Morley’s BBQ in Midvale UT Noon- 1:30 PM Free event, buy your own lunch.Meet and exchange information with local investors.2.Mar 8th – Seller Financing Seminar with Andy McFarlandwww.uvreia.com9 am – 12:30 pm, members - $100/non-members - $120Hampton Inn, Orem UT3.Mar 12th – Salt Lake Real Estate Investors Association Meeting.www.slreia.com Free for first time attendees, Networking and Education.4.Mar 13th - UVREIA Networking LunchWild Mustang Grill – Orem UT.

Did she pay her share in april but not feb and march? 

On March 1, she was sent and confirmed receipt of a letter of non renewal and notice to vacate. 

It has come to the point where all the tenants are on month to month leases, in the beginning of March we notified a tenant who is section 8 that we are not planning on renewing her lease.

I met with her and negotiated her leaving by March 1st.

I’m currently deployed and am looking to invest when I return, hopefully around March 2021.

The other tenant has not paid her 50% portion since March when Covid broke out.

They are due to check in on March 1st. 

Halfway of renovation would be early March which only gives me about 20 days if I want to rent both units out on April 1st.