I thought this was simply the right thing to do and did not give a second thought to undergoing this process until after the repairs were completed.

We simply charged 1% service fee.. so if the coupon ( in those days was 15%) We dragged 1% and divided up 14% to our fractional owners..

If your contract states that "time is of the essence", you could have forfeited your right to break the contract and get your EMD back simply by not adhering to the dates specified in the contract.

My frind in Omaha ended up picking up his second property sooner than he expected, simply because he’d built a small name for himself with one successful deal already under his belt.Are you feeling confident about the day-to-day responsibilities, or is there something else in the process that’s keeping you up at night?

This would be the safest approach but also, anyone that is worried or has extra strict oversight in their area could simply avoid anything alcohol related in their packages.

It can potentially be deductible as an ordinary or rental expense, an itemized deduction or simply non-deductible. 

So Agree Jeff many simply have no basic manners. and that can be from a texting society where brevity is all they know. 

If the partner moves out of state next year they are still a 10% owner, but you simply hire another property manager for that same 8-10%.

For me, the first pass at underwriting is simply about determining if a deal is worth exploring further.In the current market, I’d say 9 out of 10 deals are dead on arrival.

Where as realtor simply dont..