Try not to tie-in substantial lessee improvements with the option exercise. 5.

I have strong family ties in the Salt Lake City and Idaho Falls areas and interested in those markets as well. 

Not many people have great financial success on their first flip, but it sounds like yours has been successful in that you've learned some really valuable lessons that will make you better and stronger on the next one. 

The big risk I see now is that property owners are willing to tie themselves into long term leases with long term options and small defined rent increases.

If there was extra land I could parcel out or demo the building and construct a higher density or sell the land to a developer for a fat profit then the building breaking even wouldn't bother me as much.Because the value wouldn't be tied to just the building bit more so the land that it sits on.Also if the rents were under market and you had deferred maintenance that would come in as far as value plays.I don't just look at a property from an income stand point.There are many angles to look at it from where it might make sense.

The reason I ask is years ago builders loved to offer bonuses.The problem came up is that many times bonuses were used as a hook "bait and switch".The builder would say it has to close by a certain date,or it has to be a certain price,no closing costs paid,etc.So basically many times the buyers broker would get screwed and get shafted with the bonus.The seller offering the bonus new they had outs to not pay up.Soon we had brokers/agents avoiding bonus properties tied to conditions.

The one thing I know about lawyers - some don't care to advise you that even though you are in the right according to the law, that doesn't stop someone from tying you up in court and costing you a fortune.

I am not saying this guy is our Savior, but I understand solutions for moving us towards a stronger economy.The headline “FBI agents Surround Cult Leader’s Compound” creates a mental picture vastly different than “FBI agents Raid Small Christian Gathering of Women and Children.”

Texas experienced stronger job growth than the rest of the nation in all four wage quartiles from 2000 to 2013, even in the middle two wage quartiles, where growth in the rest of the nation was negative and zero, respectively.In recent remarks before the Dallas Breakfast Group, Richard W.

So my understanding is that my hands are tied and I can't sell the property, move the note, or do anything with the equity without paying him off.