He stated that although there is little he can do, he does notify the individual that unless he meets his obligations or at the very least the repairs, he will submit a 1099 for the tenant to the IRS and let the tenant deal with the IRS.Although I am not one to desire vengeance on someone who abandons leases, I certainly would not want to own many units in a complex and have a reputation as a pushover contractually.My question is a) has anyone ever heard of this or used it and b) if so, can someone explain how that could be argued as income worthy for a 1099?

Longboat Key is very desireable.- refurbished villa should be worth more, certainly look better.

Hello,I am a new investor and would sincerely appreciate any insight.So far my experience is finding buyers (online) for my family's timeshares.I have significant experience marketing online and, due to a well written ad, was able to secure a (well) above average price for their timeshares.In fact, in regards to one deal, a lesser unit (less desirable week and size) sold for $200 while I was able to get over $2,000 just a week later.My point is not to brag but to impress the fact that my strength is in the marketing.Although I do have experience in the book business and know how to find value and secure deals in such a way to ensure profit / up-side, I have no idea where to begin in finding similar RE deals (I realize there is a lot more to it than books ;)So my question is, where can one "fish" to lock investment properties / homes up at a price where there is still significant upside?

The challenge with the LL business model is that a lot of LLs have product that isn't that desirable and isn't in a great location and they know it.

After all this place where ever it is, the beach, the lake, Hawaii, Caribbean, etc is some beautiful place that many other people view as a very desirable place also.

I did have the desire to look into buying a multifamily complex.

Mike,I'm not a full-time investor, and I have no desire to be a full-time investor.

Remember, it’s rare for both parties (seller and buyer) to get exactly what he or she desires when it comes to buying or selling a home.

I'll simplify for a single house.Multi-touch--I am communicating with my prospects or target audience more than onceMulti-medium--a sign AND CraigsListSustained--stay at it until you have the desired resultsTargeted--know your ideal demographic and get in front of themGuerrilla differentiation--stand out from the others.

BUT beware,,,it will kill underlying roots of desirable trees also.It is a great lawn broadleaf control also,with above limitations of killing desireable trees underlying roots,,,the weed B gone is basicly a 2-4-D product which knocks them back also,,,but NOT as toxic to underlying good tree roots The 'CUT" sapling treatment MAY be one way around this,,but the active ingredient of it 'piclorin'(sp) is death on wheels for trees.