.- You should have required the tenant to sign a Hold Harmless Agreement, indemnifying you against any of their claims.

Investment Info:Small multi-family (2-4 units) buy & hold investment.

There is no communication except for an irrelevant biweekly blog that holds no value to me.  

Investment Info:Small multi-family (2-4 units) buy & hold investment.

Sharon, thanks for sharing these stats—Houston is clearly holding strong!

I'm kind of in limbo right now holding off to see what happens.

I have forwarded them to those holding this conference.  

The rules are designed to prevent related parties from engaging in exchanges that shift high basis property for low basis property, followed by a sale of the low basis property, effectively "cashing out" without recognizing gain.If you sell a property to a related party as part of a 1031 exchange, both you and the related party must hold the exchanged properties for at least two years following the exchange.

His reason was the only thing he knew to do with the proceeds was to loan it back out at 12%, and he would be "behind" where he is now in cashflow.His proceeds would have given him options up to and including PE, but he is a simple man and in his case holding was the option for now. 

Those willing to go beyond that could be good partners for real estate investors.Traditional banks/Local Banks and non-bank lenders - If they are a portfolio lender, meaning they actually hold on to the loan and don't just collect your payment, then they have the ability to be flexible.