Additionally, some of these operational items such as collections require a license in the state in which the loan was originated.

Instead of them collecting the loan payment for x more years you offer to pay them a lump sum at say 80% of outstanding balance.

I now co-host a Landlord meetup with a friend down in the Southend https://www.meetup.com/Carolina-Real-Estate-Invest...That would be a great resource for you and a great way to build your network.

Essentially the city has to agree to waive (to some extent) the taxes, violations, penalties, etc. that would ordinarily be required to be collected based upon the lien cert. 

I created a few resources that out of state buyers might find useful in gaining insight into the Indianapolis market1) Neighborhoods and their classification on a map ( A, B, C, D = using input from the forums)zip code boundariesstarbucks, whole foods, hospitals, etchttps://goo.gl/cvDi8T2) Virtual driving from Fountain Square to Lucas oil stadiumhttp://youtu.be/8AU6iCamTwc?

I think we would be interested and willing to have someone we paid a nominal fee each year just to be able to answer a call or a couple of emails.Maybe do an initial consultation and/ or an annual checkup and onboarding to get us set up properly in terms of entities etc. ie does it make sense to create an llc.maybe have an packet available to answer basic questions like dos and donts of fair housing, evictions, Collections, recent law changes,the setup and use of an llc, trusts, wills etcThat way we are initially doing things properly and have built a relationship before we have larger engagements or are paying thousands due to initial poor planning.

Here’s what you’ll get:+ insider’s view of everything:- what I look for when searching- how I found the properties- what it takes to seal & close the deal- numbers: all things $$$ related- plan: what’s my plan to do with them (with chances to practice/“role play” as if you’re the decision maker)- actual process of renovation: planning, construction cost, materials selection for flips, resources (contractors, subs, architects, supplier houses, etc...)- staging, marketing for sale- listing (diy or hire out, resources, etc...)- and everything else in between+ these are all free of course+ my promise that I won’t sell anything during the process :) so you’re perfectly safe with me!!!

Did you know you can collect referral fees through your broker without the expense of multi state licenses?

I should be able to collect a "Pet Fee" & pet rent since it was technically a pet for the first month.

I'm a single family investor now ready to transition into Multi-family and looking for some good informational resources to get started.