What if you dont have quickbooks, is it a simple printed out invoice.

Admittedly, it's hard to forecast how the two countervailing trends will impact the mkt value of your property-- more renters is good for demand and rents will rise in sympathy with inflation, but the higher rates will shut out many prospective buyers of your property due to inability to obtain financing.Income real estate as a hard asset (particularly if financed by long term fixed debt) is something of an inflation hedge, versus financial assets which will get crushed by Fed money printing and debt monetization.

Combine this increase in computing with advances in 3D printing (technology we use routinely in my day job) and other manufacturing technologies, and the idea of a computer program that writes another program and builds a device to put it into is not too far-fetched.

I have all needed info on a printed sheet in the box at the property.

David, I would recommend that the money partner record a lien against the property both for his protection and that of the partnership to "strip" the equity displayed publicly.Fair split would be deal and investor dependent, however, a very common arrangement is 50%/50% split.

Here is how it works: The treasurer in your market may have a different procedure.Prior to the lottery, each person attending that wishes to purchase is assigned a number.The property/lien/certificate ("assets") that is being sold is announced.A computer puts all the numbers into a random order, and displays it.They call the numbers in order, one by one, and asks if that person wishes to purchase.Once someone affirms that they want to purchase, they stop calling numbers.That person gets to buy the asset at the posted or announced price.If the purchases fails to pay by the following day, then its sold at the posted price, first come first serve.They repeat the process for each individual asset.To answer your question, there is no bidding, If you get picked and choose to purchase, its all yours.

I'll print it out and use it when I visit the bank for financing.

I am with Tim on this one....In my experience, most warranties are not worth the paper they are printed on.Take the lower price and one year warranty.

What is displayed here is the 1st year.

I don't send these out though- I had printed them out to give to two inherited tenants that hadn't given me their e mail addresses.