M3 REO Group's affiliate company BlueStone REO LLC has state-of-the-art infrastructure in place to outperform its competition and provide elite services to its customers, both investors, and tenant buyers. BlueStone has the expertise and a proven track record to deal with problems very effectively and efficiently inorder to maximize the returns for investors.

Think of your management company as your partner, without solid monthly management the investment is in jeopardy. Management is your most important asset.

BlueStone markets the property to find a qualified buyer that purchases the
home utilizing a Land Contract (Seller Financing). We have a extensive
marketing program that ensures we find the most qualified buyer quickly to
increase your profits and eliminate risk.

BlueStone's Process

-Market the property
-Answer all of the calls and preliminary interview
-Collect all applications and processing
-Review the credit checks
-Perform income verification
-Review background checks
-Our review department selects the most qualified buyer
-We handle all of the paperwork for creating & servicing the note


Fees & Costs

BlueStone REO LLC Management Fees

The property management fee structure is as follows:

• $600 set up fee per asset, which includes managing and executing inspections, pricing, signage, receiving buyer calls, sale on owner-financing basis or on cash basis and all matters needing attention prior to sale*.
• $50 monthly asset servicing fee for each home that is performing. This fee will cover all asset management, compliance issues, mortgage collections, etc.
• 10% Profit share upon BlueStone assisting the investor to exit ownership of the asset. The profit share structure incentivizes BlueStone to stabilize the asset and apply one or more of the proven exit strategies to gain its profits.

*In the case of a default by a homeowner and resale to a new homeowner, the set up fee would be charged again when the asset is resold and performing. A new down payment is also collected at this time, which offsets the cost of the tenant buyer set up fee.

The Property Management Company does not become wealthy from charging a $50 monthly fee, rather they are more interested in managing the property at an optimal level so exit strategies such as selling the note and/or assets for maximum dollar can be achieved, and the 10% profit share is well earned. Our interest is your interest.