nope, not a joke.everyone here has taken the stance that i haven't paid rent because i'm holding back or trying to rip someone off. i actually agree that the situation is long overdue and i'm totally down to pay rent. i have a bank account that i've dedicated and make monthly deposits to so that i have everything covered. i do feel it's not good business the relationship i have with landlord and BOTH of us have obviously let this go on too long. i was naive to post this in a landlord's forum :-) but i wanted to be considerate and understand things from his perspective also. believe me i understand now. thing is, you all have painted me out to be the scum of the earth and in so many words implied that i'm both an idiot, dishonest and a vindictive for not squaring things away. i'm sorry that you are upset that there are no late fees in place and that our rent agreement is a verbal one. my landlord hasn't been kicking and screaming for me to pay up--we both are kind of embarrassed for putting this off for so long. so you can skewer me and make me out to be the devil all you want; go ahead and get your rocks off if it turns you on. but as a tenant, at least i'm upfront with everything; i have all the money to pay and no intentions of taking advantage of anything. the situation i'm in with my landlord is pretty extreme and not ordinary. we have fallen WAY behind on the accounting but are now finally taking the steps to resolve the situation. talks about eviction are silly since it's never even been brought up between us. paying $100K in late fees is ludicrous since this isn't part of our agreement. you're wasting your time with "real world" examples of what you would do if some darn guy didn't pay you for so long... for all the people making crude comments about me, calling me a liar and a joke--it's unnecessary and ill informed. i'm not a demon tenant refusing to pay rent. i've never held my landlord hostage by holding back payment. what none of you can understand is the simple reality of the situation--both landlord and tenant fell far behind on finances; tenant has all funds and intention to pay which is a lot more than can be said for any of you with tenants that have purposefully screwed you overit's obvious how you all feel regarding asking for some $$ off rent for the last couple months--I get it and I've taken note. hey guys, this is an internet forum, it's easy for you to say smart *** remarks about me without much repercussions. so if it makes you feel better to bash on me and take out all your tenant frustrations on me then by all means go ahead. i don't owe you anything, and if i did i'd pay you in full

You could get a detailed view that includes the property info and public remarks etc. or an agent view that includes the seller's agent information.

I heard a HML speak the other day that required 65% ARV AND 80% purchase price…that seemed a little too restrictive to me…seems to me if you don’t exceed 65% of true ARV you should be okay, but I wanted to see what others were doing.I just started HML lending about 6 months ago, thus the wannabe remark in my original post.

If you research storage facilities, its remarkably a billion dollar industry.

(we're working on something that will prevent that from happening in the future, BTW)The gist of my remarks were as follows:If you are thinking of investing in turnkey properties, you need to still have the knowledge that any other real estate investor has.

Don't take this the wrong way Allison but whenever I see your last name my thoughts go immediately to "Superbad"...and I think you just cemented that in my mind...lol Tim, I was just about to post a "Smart-***" remark myself... and then I saw your post...

Hey now I resemble that remark :mrgreen:

Remarkably, 1/2 of the mineral rights remained on a developed parcel (SFH). 1/2 of the rights had been retained when the ag land sold in the 1940s.

so many pieces of this delicious pie i enjoy...but, the best part for me is the upbeat & positive comments and remarks and education that is so willingly offered so often. wait, there's more-- the other thing i appreciate alot is how the norm here is for all investors to be as fair and honest as can be when doing deals, transactions, contracts, etc.

You've all provided a remarkable education to a new real estate investor!