No late night phone calls.

Millennial title has been doing a lot of investor deals lately. 

I know the syndication talk has been huge on this site lately (I'm not totally sure why) but I've been buying real estate for 20 years with partners and I have never once created a syndicate.

Last Friday afternoon I was due to close on a cash out refinance, I spoke with the title company first thing and they told me they have all the documents apart from the settlement statement.The title company tried to make contact with the person who sent the files but they were unable to make contact.

Payments have been on time ( because we enforce late fee and she learned the lesson that we will charge late fee when she was renting for two years prior)We are looking for a Forclosure trustee  ( we can go back to the original trustee who were assigned from the title company but they may not specialize in forclosure , don’t know).

A lot of late nights cleaning and prepping but we have gotten through it.

Many or all the the units may already have signed leases, but every time we purchase an apartment building we give every tenant a copy of our lease even if they don't sign it so the tenants know our House Rules, how we start the eviction process when their rent is late, who to contact when they have any issues, etc.When we purchase a property we always write a letter introducing ourselves.

Needless to say the challenging tenant was late on her first months rent with me and needed arrangements for the second month.

I purchased the house in late 2019 and the value has increased over $50K, so the house has appreciated more than the total purchase price of the vehicle.

Next thing I know the house was inspected the offer changed to $75k and my buddy's aunt told them to shove it.The house just may be too far gone, but here's what's got me curious, with the way the market has been and what I've seen in some of these neighborhoods I've been in lately I've seen smaller and older houses sell for much more than what the suggested ARVs are.