Even if they hadn't trashed up the place there would have been paint anyway.You need to find properties where your 50% of your rent is enough to cover your debt service.

I'm fortunate I don't need the cashflow so the whole $400+ not going to debt service, taxes and property management stays in the account and grows over time.

So people selling low priced property are now protected from "high" percentage commissions, which also has the effect of eliminating being able to list their properties with Realtors, on MLS, etc.  

Wanted to get some advice from others on how best to harvest equity of single family homes that are currently free and clear of all debt.

The aim is to avoid any backlog in the Sheriff’s office.Creates an online auction site for foreclosed properties.Modifies the appraisal and advertising process for subsequent sale attempts, while eliminating the 2/3rd minimum bid requirement on subsequent sale attempts.The OSBA Real Property Section and the Banking, Commercial & Bankruptcy Law committee were instrumental in crafting the bill and assisting with its passage.

If you are getting a loan from a friend or family member, it is a good idea to use an IOU note in case you need evidence of the debt in a court of law.

Chimney flashing is a typical water penetration point, so good idea to eliminate the chimney if you can.

There is a property I am interested in, and it will be auctioned at the courthouse next tuesday, so I order a title search.It shows only 1 lien for $amount (I don’t know the current balance of the debt), originally taken out by Barack Obama and later the loan was assumed by Donald Trump when he bought the house from Obama.

I'm pretty sure Cash on Cash implies using debt.

I also owe about 20k in non-mortgage related debt.