Assuming you have a water shut-off valve for the ice maker supply, you could just turn off the water there and tell the tenants they need to use ice-cube trays unless they want to pay for the repair.

Probably best to shut it down.

On July 5, 2007, Whitener & Flynn Properties LLC sent out letters to the owners of the properties that they were managing saying that the company would be shutting down on July 10, 2007.

I have had 2 projects shut down by CE and they make you jump threw all of their hoops.

And you are right, I should keep my mouth shut about that, but I figured that plenty of guys on here think the same way.

If it was open ended, then you have to shut down any further draw possibilities first, or else the tab just might get run up higher.

http://flippingjunkie.comI loved Danny's blog and missed it when he shut it down.Cheers!

Ok...then shut up."

I have friends in Ontario near the Falls that if/when they buy an investment property they would rather shut it down, wait for the Cap Appreciation then rehab to sell because of the stringent Rent Controls & pro-tenant climate in ON.We owned a similar property in Burlington ON that we basically had a grounds keeper type arrangement to avoid tenant issues & the property continued to appreciate very nicely.

We purchased a 1st position npn in Memphis in hopes that the borrower can get financial aid from the Hardest Hit Fund program, but browsing to http://www.keepmytnhome.org/ it shows that they shut it down on 7/31.