Investors should be in communication with their tax pro all during the year.

If, as Curt stated, during the sales process they are communicating actual numbers they their typical investors achieve in Memphis, then the assumption that costs are being ignored would be inaccurate.

If the rest of the story involves lack of communication and her inability to convince you of her situation so you don't spend the money evicting, then my advice would be to move forward with eviction.

I look forward to learning more and communicating with you all.

I always feel more interested in the requests when something is communicated other than just a scatterhorn approach.

And if for some reason the sale is declared null and void, well at least I tried.I just wish my lawyer would communicate with me.

Okay did a wrap with a seller.Added as a additional beneficiary on the policy.Policy comes up in March.Insurance company was fine putting me as an additional insured but then the owner of the company calls the seller a few months after closing and said his employee never should have told her that.She doesn't have any written communication or a recorded call from the employee saying it was okay just the phone call before the closing happened.Now the owner of the insurance company says he wants to see the seller back on title before he will renew the policy.I mentioned I could add her as additional insured and she said the lender would be required to have her as primary.She is freaking out about the insurance issue and thinks the lender will call the loan.She wants a quit claim back to her and an agreement form her attorney that I manage it but still own it and I can buy her out at a later date.I told her I would not agree to this.We have completed substantial improvements to the property and have gotten out the bad element.What I have come up with I believe will shed light on her true intentions.I am thinking of creating a Joint Venture partnership or something similar where she is given 5% non-controlling interest in the property.This would add her back on title and then the insurance should not be an issue to renew.I am checking with an attorney on this now.Want to get thoughts on this issue.

What is a performance group: a group of investors who communicate regularly to share operational and planning ideas, and to act as a “board of advisors” for each of its members.How it works: Gather 5 or 6 investors who are dedicated to building their business.

I think that I have not communicated as clearly as I would have liked and apologize that I did not really know how to phrase this.

Most have to do with continual communication, transparency, pre-approval thresholds, and accountability standards.One note, as a long distance investor, you will almost certainly not be able to get local bank financing.