Many companies, unfortunately, fall short on life-cycle treatment protocol.

Don't fall for the sales pitch.Those $$$ can be used to invest in RE.Go to the top of this page, and click on the "learn tab" and you could be spending many hours on the Information that is available.Raymond

Check federal law, state law, and local code/ordinance, and if this particular situation isn't addressed then fall back on the lease.

Harmon:No bristling here, I was just hoping to show that I didn't fall off the turnip truck last week.

Charging fall/spring semester tenants for storage during summer break perhaps?

Which brings up the other thing I didn't like in in Jerry's post - it seems to imply that bankruptcy filings are local/county when they fall under federal courts.

Would you buy now if you were willing to be a landlord for 20 years, or wait until prices fall for whatever reason?

A close friend of mine lost her house in the fall of 2010.

The land, unlike a car, remains stationary.Debts on real estate fall into two main categories: voluntary (meaning you agreed to the debt and a lien is recorded against the property to secure the obligation) and involuntary (taxes and judgment liens are most common).Unlike a car, when you borrow on your house you sign an IOU (the "Note") and depending on local state law, either a Mortgage or Deed of Trust (Trust Deed) that is a voluntary lien and recorded, referencing your property.Typically, you receive the actual recorded title document, "Grant Deed" or "Warranty Deed" or similar document, without any reference to any liens.Beyond this, real estate title is a big, complicated area of law.

If yes, maybe you can give some pointer to the BP fam. on how you prevent your deals from falling throughThanks