There are also bankruptcy records, credit reports, probate records, mortgage assignments, etc.

No matter how much automation you get set up something is going to pop up that you didn't plan for.This person just has to be a warm body that you can have go onsite and report information to you.

I've analyzed the numbers for a duplex in Bedford, OH, and the numbers check out (see report below).

In the letter, we tell the tenant who to make checks payable to, where to deliver the payments to, the date the rents are due and date the rent is late.In the introduction letter we tell tenants we intend to improve the property and we tell tenants that we want them to contact us and report every maintenance issue asap.As for taking over any property, there are always a hundred improvements that can be done within the first few months.

And, our loans don't get reported to the Credit Bureaus since they are deemed "private business" loans.  

Look at getting a title company report to see if there are any liens or lawsuits on file and making sure you are insured at the end of the day. 

View report*This link comes directly from our calculators, based on information input by the member who posted.this off market property is available for me to buy.

The sale argument tends to work for the schools, just not investors.We use comps, property photos, condition reports, purchase/rent concessions, and more to support a more accurate value.

Most of my deals are 0 points, 4 to 5% interest, 20 year term, and it doesn't report to personal credit.Hope that helps and feel free to reach out with further questions.- Tom

Thanks in advanceView report*This link comes directly from our calculators, based on information input by the member who posted.