Along those lines, most think McDonald's is a burger franchise, well, they are, they sell franchise's but they own and lease the stores, actually, they are a large real estate operator.The Board of Realtors is a franchise, it's a professional organization that Realtors must belong to in order to be a Realtor.

In these areas, sometimes tenants can get it from a social services organization or even Catholic Charities.Let the tenant figure out how they can get the deposit - if you tell them no right up front, they will find a way.

You have the right to object to any charges you would like but the procedure is probably governed by State law. 

There is an investors meeting every 3rd Monday of the month in Montgomery.1020 MONTICELLO COURT – OFF OF EASTERN BYPASS, OPPOSITE DIRECTION FROM SAM’S CLUB, DOWN THREE BLOCKS, TURN LEFTMark Jennings is the organizer - [email protected] him for details.

J Martin is the one who is organizing the whole thing.

Are there any professional organizations or sites that you go to regularly, such as government information, professional appraisal sites, title insurance/closing information or maybe real estate schools?

I'm looking at organizing under an LLC, but is this the best move?"

Also it makes a difference is the house is outdated.If it is functional but outdated it will become an expense for the buyer down the road with upgrading to sell to the next buyer.For instance if a home is 1 to 2 years old and you buy you can get away with owning a few years and reselling without pouring a bunch of money into it.If you buy a house that is say 5 to 10 years old and resell in a few years you will most likely have to spend substantial money updating for resale.On the bpo's now they actually make the 3rd party bpo broker/agent (who does not have the listing)sign an electronic from when submitting the report that they have not been influenced nor have they had discussions with any parties relating to the value of the property.The buyers broker,buyer,listing broker,and seller all have an interest to see the sale happen.The BPO person getting paid for a report is just an objective 3rd party.You want to make sure and not overpay for a property.For instance you put in an offer and wait 2 months for acceptance.Meanwhile the market has declined 6% since then and your deal is no longer that great.It's critical to know with a short sale how many mortgages and liens are present.The more to negotiate the more of a long shot of getting approval from all parties and hitting the value needed.

It isn't like you would object if a prospective tenant's pay stubs were all printed up at home, from an LLC of which they just happen to be the sole owner.AMIRIGHT!?!

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