The 2nd has to be the winning bidder in order to protect the 2nd's interest or if there is a third, the third has to be the successful bidder for the 2nd to collect on it's loan.Your suggested sequence is true for instance, in Sheriff's sales in Arizona, but is not true in Deed of Trust sales in Arizona.

⏰This might be the most dangerous advice in estate planning.Here's what most practitioners miss: 📚While everyone focuses on the 10-year NFTL expiration, the IRS has a nuclear option hiding in plain sight.Under IRC §7401, the IRS can file suit in federal district court before the Collection Statute expires and convert your "temporary" tax problem into a renewable judgment lien lasting 20+ years.The timing game becomes Russian Roulette with a countdown timer.

If similar units in the area are renting for $1,300–$1,400, then you’re walking into a low-rent situation from day one.Second — inherited tenants aren’t automatically a win.The good: you start collecting rent on day one.The catch: you didn’t screen them.

It also has a bunch of really unique benefits/tools for your rental portfolio (Lease Indication Tool, Expense Tracking, Maintenance Requests, Rent Collection, Tenant Communication, etc.) in one central place.

Even if your example has a higher appraisal, you will still struggle to refi out cash because of the rents the property collects.

I’m looking for a reliable property manager who is experienced in rooming houses and can handle rent collection, tenant placement, and basic maintenance coordination.

Hello @Satya Surendra,Many investors assume a property manager’s main job is collecting rent.

If that's in the stock market, financial experts say that to be $500/mo.Stock market of course is liquid but I'll keep multiple six figs liquid just for safety.In a recession I'd sleep much better at night collecting monthly rent rather than have terrors about the stock market.

Most S8 tenants have a history of bad decisions, often having convictions, evictions, bankruptcies, chargeoffs, collections, garnishments, etc.

Lower Treasury yields typically support mortgage rates, which remain near recent lows at approximately 6.25% for a 30-year fixed – UMBS 5.5s are sharply unchanged on the day, despite lower treasury yields.The Bureau of Labor Statistics confirmed it will not publish the October jobs report due to the 43-day government shutdown, which prevented collection of household survey data.