Originally posted by Account Closed:Here is one example.  

Account Closed, in order to defer all tax they do.  

I was able to help several set up a bank account, LLC, and even checked out properties for them in my neck of the woods.

They are fully rented (month to month) and gross ~$64000, with $17,000-$20,000 in annual expenses, before loan payments and management fees. 

Account Closed  To make sure I understand correctly, you are looking for an attorney that can draw up an fille the propert paperwork to foreclose on a property where you (or your business) hold the note?  

Always do the math analysis on a prospective property and try to look at it of at least have a clause in the sales contract that allows you some time (about 15 days) to make a detailed inspection and possibly walk out of the deal without a penalty that will hurt you too much.The thing you also should do in the beginning is to have a Team put together that typically have an Attorney, real estate Agents, a CPA (or accountants), Inspectors, general Contractors, and Handymen.  

Of course banks were closed but they could have paid Saturday or any number of other days the bank was open.So I email them and ask that if they have paid to disregard my email but if they have not, since rent was now late (I only accept rent deposited in a business checking account) to include the $25 late fee ($15 general late fee + $10 per day late). 

@John Thedford Thanks John, I will find out with a local bank and with my accountant.

Whats the average Annual Increase of Rent rates (especially here in BC).

If you're right about your ARV, the location is already accounted for the street.