If you credit gets dinged, (1) it's temporary, and (2) it doesn't impact stuff you already own.

What is essentially happening when a borrower (mortgagor) gives a lender (mortgagee) a security interest, is a granting of superior (to the mortgagor) interest in the equity of the property.

I think the truth is that we just don't really know how much this will impact the industry.

Essentially he can pay his rent with pre-tax dollarsAlternatively, since he says he's too old to "do anything" with the building, perhaps you can offer to put in sweat equity for a small % ownership of the building?

Probably a good idea to consult a real estate attorney who is familiar with that locale to be 100% sure of what impact the tax lien will have on the title as it changes hands as well.

You're essentially transferring responsibility for any damage under the old lease into the new one, too.

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This leads to my question: Do you have any recommendations for must-read magazines/publications/journals that are essential to your real estate investing career?

Essentially, the heating problem was caused by the tenant because of his personally installed thermostat.Can I charge the tenant for the plumber's bill?

If I am only assigning the contract, and the buyer has his own closing attorney (which will most likely be the norm) then, I'm essentially of no value to the attorney I'm in discussions with, correct?