I'm having a difficult time, not knowing if I'm doing the right thing, having evicted a really good tenant to sell the place, and it's a struggle for me at times.

I seem to remember the process for participation as a partner with the RTC was extreamly difficult and they seperated and spun off the valuable assets before they repooled, packaged, and found GP's to take what was left.

My idea is to offer them at 40-50% below market value so there is a good deal for an investor, since these times are difficult.

We still have not hit the bottom of the market, and the appraisers have been difficult to deal with.

Therefore, they may be less wlling to discount their properties.Most agents will submit any reasonable offer, but it is difficult to get really big discounts here.

The point is to make it very difficult for people to sue you and actually get the money.

Does anyone have any lease clauses that prohibit the use of plug in electric heaters and also I'm looking for a clause that puts a cap on the electric bill.I have a unit that is on the same meter as the common areas and furnaces so I have to pay the electric on it but the tenants have been abusing their "free" electric so I want to figure out how to put a cap to this.

If I was U/C for $100,000 and when the option tripped I was at a adjusted rent of $550, that is 10% over the baseline so my new purchase price is $550,000.I only buy at VERY favorable CAP rates on the front end, like 20 CAPS or lease parks with huge upside in pad rent, expenses that can be passed on etc...

Forming a LLC and geting a commerical loan, is that more difficult to get financing, than a traditional mortgage loan??

The remainder was closing costs.Last night, I had a dream that my credit score dropped by 130 points just because I called WAMU to ask about a Short Sale.My husband's employer will not tolerate receiving phone calls from debt collectors, so I assume we can't do a SS because I feel sure they will call everyone.Our condos are in FL and vacation rental income is dropping, making it more difficult for us to make the payments.