According to answers so far this seems to be falling in the "bad debt" category.We accept debt in our culture to the point of excess and most is really bad debt, but if you have a car loan, that's a depreciating asset.

You do not need an LLC or land trsut to do so, but it does help conceal the sale and thus the due on sales clause.Their is no additional risk to the seller (and much much less than a sub to) and no risk to you (at least not in excess from the mortgage an risks involve in any investment)

There is also an excessive amount of selling that goes on at his events.

Jeffrey, Operating expenses include taxes, insurance, management (even if you do it yourself), maintenance, advertising, office supplies, legal fees, evictions, damage done by tenants in excess of the security deposit, entity maintenance, utilities (if only during vacancies), vacancies, capital expenses (not technically an operating expense), etc, etc, etc.

State laws can be very specific in this area, as they are in PA.According to our Landlord and Tenant Act of 1951, "No landlord may require a sum in excess of two months' rent to be deposited in escrow..."

I'm not sure how you posted by accident 6 times, but I'll be sure to remove all the excess posts.THANK YOU FOR NOTIFYING US!!!!

I believe your client should be fine with their deposits in excess of $100,000.

In this situation the bank made out on the foreclosure-they have covered their unpaid mortgage and legal costs with excess; however this is not the norm these days.

We just closed on our house and got the final settlement (we live in California). The problem is in the settlement, the interest paid to lender (for the remainder of the month, before regular payment kicks in) is calc...

To protect the depositors, the FDIC approved the assumption of all the deposits of Main Street Bank, by Monroe Bank & Trust, Monroe, Michigan.All depositors of Main Street Bank, including any with deposits in excess of the FDIC's insurance limits, will automatically become depositors of Monroe Bank & Trust, and they will continue to have uninterrupted access to their money.