Jon and James; My business is that of fixing and flipping residential properties in North East Ohio and serving private lenders to fund these transactions.

Welcome Robert Fabian, you are correct this is an awesome site that will serve you well.

With my experience once you send serve the Pay or Quit..they usually pay or leave.

Where in the rental business once you are a day late past your day to pay you should be serving an eviction notice.

When I purchased my home last year (I served as my own agent), I was amazed at the lack of knowledge on the part of full-time agents.

This has served me well as my average tenant is about 5yrs.I have about 25 rentals but I don't tell my tenants that.

Part of the process of becoming a lawyer (or doctor, or engineer, or architect, or accountant, etc...) is learning a broad range of information that serve as background information - which information may not be directly related to the topic you are reading about, but which information helps put things in context.

But if the sh*t hits the fan, and the operating agreement doesn't serve your needs, you'll wish things had been different.UNDERSTANDING PROCEDURESEven with all the paperwork in order, you can get in trouble if you don't understand how to do things the right way.

Hi all,I'm a new member to BP so this post serves as both an introduction and a question.

And, thanks for serving!