Then set up something mutually agreeable with the seller to make sure you can check that the payment is being made each month.Make sure you use title and escrow services so you know you are buying something that is free from other debts or title issues, and that the deed is executed properly.

I've come up with a strategy to target a market with potential for massive growth in the next few years, and purchase first-position tax liens on vacant lots properly zoned for multi-family.

Ive done tons of studying on it but want to make sure I use proper contracts and how to go about tranactions.

We got all the proper inspections done before we bought, whereas some of the houses we bought about a decade ago were bought with subject-to (listen to current podcast for more on that).It is a bit more challenging to find the right place, but the gist of it is the same: identify a few good people, such as a Realtor, title agent, lender, property manager.

I agree with others that you should do the scheduling and tell the tenant when the sprinkler guy will be there (with proper notice like 24 hours).

So they are a bit upside down when you include foreclosure and resell costs.Obviously one of the ways to increase the value of the note to a note buyer is to have a 5% prepayment penalty for the first few years of the note.You could also charge if you are licensed properly to handle the payments for the note buyer.

If I create an LLC in Nevada or Delaware, is it ok and proper to conduct buisness in the state in which I reside (VA)?

and is your insulation proper?

I dismissed that case, properly noticed the tenants of change of ownership and am now getting ready to serve a new quit or pay.

Killing contracts or settlements without proper guidance might cost you your license too!