(Normally this is done automatically for the seller via a long-term escrow account.) 

After that you inform them that first thing in the morning the 2nd of every month if you did not receive full payment by midnight you will automaticity file a L9.....no exceptions on leniency. 

The depreciation needs to be recaptured later and there are ample opportunities to trigger an automatic audit. 

If this is not done it is an automatic triple damages.I would not bother with a 93A letter to the landlord as you just have to wait another 30 days for him to respond.

In NC, if you are getting a loan, the buyer automatically gets to extend closing 15 extra days past the original closing date if the delay is due to the lender/bank and not caused by the buyer.

There isn't any good reason to own residential real estate in a 1-2 member LLC aside from generating lawyer fees, but no it would not automatically disqualify you.

Hello to all, new member checking in here.I’m a mechanical engineer by trade, working primarily in the industrial automation and robotics industries.I’ve been on the fence reading/listening/dreaming for way too long learning about various investment opportunities and am ready to take a leap into real estate investing.I’m most intetested in multi-family and possibly note investing with some IRA funds to start.I’m looking to start building a network in this industry and creating a life with more freedom for myself.Thanks for reading.

U r automatic Guarantee commission.

Would any of you happened to have a clause in your tenant lease agreements that automatically changes annual leases to month-to-month upon sale of the property?

Ask them to set you up on an automatic mls search if you need to learn the local market.Agents do get calls from people all the time who “think” they may want to buy something.