The property has had some work done on the interiors, though strangely, it’s mostly been larger “improvement” jobs while simple maintenance is lacking… So far we have re-roofed the building, gutted the overgrown landscaping and fenced both back yards, put up security lighting, fixed some plumbing and electrical issues and collected rent.

Seems to work for them as they say they collect 1 1/2 mos. security deposit up front and in most cases like this they never give the deposit back.

Work info and SS is most inportant if you need to chase them down and collect.

He'll be handling all the tenants, collecting the rents, and paying the mortgage, and I'll be getting a portion of the income.

Ground rent is limited to collecting three years back ground rent.

The goal is to buy as many owner-financed duplexes/tris/quads over the next 5-7 years to essentially pay very little for our own living expenses, all the while collecting cash flow and having others pay down the properties.

The RE Commission can fine the broker and they could collect from contracts pending in due process.

It's a collection of the best flipping info from the site.Oh - and don't forget to set up your Keyword Alerts!

FCI does not take on the reps and warrants of a Seller or a Buyer in a trade that I know of, they merely collect a fee for using their website.It seems logical that some Sellers will always ask for more than the market will bare regardless of whether the asset is found on FCI or some other location.

The Phila Dept of Revenue will be looking to collect two distinct taxes - basically gross receipts tax and net profits tax from the CAL account number (usually the owner).