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Hi guys, what kind of system do you have?I have a sticky note with a list of my properties and every month I go to my bank account and check which tenant paid and which did not.I use the same sticky note with the list...
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Hi All, I have mortgage from WellsFargo tell me that even if I pay additional payment to principal won't decrease the mortgage payment. is this true? They said minimum payment to be adjusted has to be $20,000 and they...
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INVESTORS READ THIS CAREFULLY:
As you probably know under the CAREs act most borrowers can request upto a 12 month forbearance, meaning you have the option of not making your monthly payments for 12 months; this is a...
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Obviously 1 by 1 I could check tax records and type the name in county records. But i was wondering if there was an easier way to find distressed homeowners on the mls? Thank you for your comments.
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Hi guys, I'm admittedly a bit math-challenged, so I'm having a difficult time running numbers on which option will serve me better in 10 years, 15 years, and 20 years. I tried making spreadsheets but I'm more confus...
I'm closing on my first property in a couple of weeks and sorting out options for making the payments on a non-recourse loan. I was hoping the property manager would handle that before sending any profits back to the ...
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I don't own many loans but I need a more structured way of tracking payments and escrow accounts. I need report-writing capability to issue statements and 1099's. I just need the tracking software not any other bell...
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What happens when I stop paying the mortgage payment on multiple properties? I do not have a choice at this time. I have a number of rentals and my cash flow is very good but I overextended myself, and my cash reserve...
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My first private loan has been a great success! I'm expecting to receive the final payment from my borrower--always on-time--in a few days. My question is, what now? I think the county Register of Deeds (Wisconsin)...
I was recently contacted by a person who needs to sell their home very soon due to moving. The house was built a few years ago, is still in really good condition, needs no major repairs, 3bed/2.5bath, and has an ARV ...