If they both say they were good tenants I'd be ok with them.People do make mistakes when they are young.

Good luck trying to get the tenants to absorb some of the costs.It was on me not knowing that the market did not support a sort of bill back for the asset that I owned.Commercial brokers and property management companies in the area can also help you

But we’ve got plenty of testimonials from real people, giving real feedback on the quality of our program and our commitment to our participants’ success.

Tom Wheelwright has some good books on this and how to structure it for liability protection and tax purposes.

Good morning, Is there a practical difference between a tax lien sale and a general tax sale?

@Haley ElisabethYou are not missing anything but there is what I would call good debt and bad debt.For example if I buy a property cash, rehab it and it has a $300,000 value and can be used as a rental and provide cash flow - getting a $150k loan on that asset to buy another (not blow it on toys) say $300k asset I have 2x future appreciation than one asset.

Akron should not be as tough unless the deal is that good.

Let's say that property appreciates 3%, pretty average for Rochester, NY in good locations.

They seem to have a good set of comprehensive services and fairly priced fees.

First unit lease is up for renewal on 10/31/2024 and has a good long term tenant.