Shanequa, I think that is a great system!

I have a couple inside connections I can not speak of, but yes, I can confirm from first hand knowledge they are being held back, and disbursed in a controlled mapped strategy.

Hello J Martin-Can you say what system you use to cull out thethe properties you don't want to follow up?

We tried out a new pest control company for our units, he worked out good so we contacted him to do a termite letter for us and he came right on out the very next day (wow) and was very very happy that we chose to use he services.

Make friends with a title officer and they will give you access to systems that let's you pull any document you want.If you have MLS access, the ones in California come with a First American product called Realist that gives you basic ownership info for free.

Andre you have to watch out with that.Tenants can pay partial rent and say you took the money and agreed to a workout with them rather than evicting.I have my property manager go around and if they want to pay a partial he calls me and I ask for check stubs and other data to verify what they are saying is true (hours got cut,boss hasn't given check yet,boss gave bad check for paycheck etc.).Then I can make the decision on what the workout will be if any.If I let them just put deposits in my account or pay partials online that can lead to a big mess.CONTROL is key.If you give control to the tenants some might do right but many won't and they will take advantage.

That said, I'm sure they are not all leeches on the government who have figured out how to work the system for their job.

Insurance agents have some control on the price of your policy.

There is a lot less risk and more control when your eggs are in one basket that you understand really well and you know how to guard.

Doing the option correctly, means that you would need to record an memorandum of option with the county recorder, to demonstrate that you have equity in the property.This is a win win, the family gets the money they need ASAP, and you have the opportunity to sell and maximize your return on investment, while never "owning" to the property.Like JD Rockefeller said: "Own Nothing, Control Everything!"