IF you do any deals in MD ask about recent lead lawsuit cases)It involves a quit claim deed.

I agree Rich, those entitlement receipiants are getting too involved in real estate investing driving us all to more bad times... :)Just last week put a 500K home under contract near Ft.

It points directly to conflicts of interest and non-aligned incentives that owners and PM's always potentially have (particularly those PMs running in-house maintenance operations from which they extract profit directly tied to the amount of usage).You did qualify that by saying they're doing the same with their own units, and I can relate to the idea of trying to push your building into a higher rental tier, which will likely involve removing your lower-tier tenants who likely wouldn't qualify at the higher tier.

Hello,
I went to last months foreclosure auction. Some people knew if a property was going to go back to Freddiemac, (they always take their loans back), what the minimum bid was going to be, and possibly if the bank...

Sec 8 makes a big impact on RE and trickles through to just about all involved in RE.

You also might want to get an attorney involved quickly to prevent any more surprises from popping up.

While real estate can certainly provide good returns there is always a level of risk involved, and that risk is lowered by understanding your market and having a solid plan of attack.

Mike Nelson I will have to apologize for being one of the parties involved in the hijacking of you original posting.

That probably is a terrible reason to want to get involved with notes, but I love working out different scenarios etc.Bill, you would make a fine brain surgeon.Rick

And even we have costs involved, which are coming out of our own pockets.