My goal in investing in real estate is to purchase homes to collect rent to subsidize my income ~$500-$1000 a month.

Around here PM's charge 10% of collected rent plus half a month for a turnover.

As to cash funded notes or equity funded (seller financed) loans that are purchased to an extent, the note holder is only entitled to be indemnified to the extent of their financial interest, the UPB together with actual and allowable costs of collection, nothing more.

The cost of the inspection is added to the cost basis.Certain financing costs such as appraisal required by the lender are costs of financing that are "collected" at settlement and should be deducted in the year of settlement.Just how I see it.

Kyle RiceWe will sign a lease weeks/months in advance and collect the security deposit.

Quick thought, in my experience of looking through MFR deals anything renting for around $500/month will not be "turnkey" as there is much to do with that tenant demographic (evicitions, collections, etc).

I believe we are not allowed to collect "last" month's rent as landlords in CA.I agree with others, definitely get the full security deposit.

I discounted that number by 10% for vacancy and collection loss to produce a net number of $22,680$22,680 - $10,479 (adjusted 2013 expenses) = $12,201 NOIPutting $25,000 down on the full asking price leaves a mortgage of $74,500; financed over 20 years at 6% = $6405 annual debt service.Cash on Cash Return = 23.18%Assume $25,000 down payment plus $20,000 for closing costs and repairs:Cash on Cash Return = 12.88 %2014 Annualized:Expenses for Jan & Feb of 2014 totalled $10,000.

Use a 3rd Party Payee to Collect payment from Tenant Buyer to Lender, Taxes, and Insurance, I recc http://notecollection.com/http://www.avalonescrow.com/6.

Does anyone have experience in collecting a judgement after the tenant is evicted?