One thing not talked about too much in this country is that there is going to be a huge transfer of wealth from one generation to another over the next 25 years, which will be the largest in human history.

These increased costs may not coincide closely with lease expirations or step ups.Paperwork on loopnet shows the two largest anchors did not pay a security deposit.

The fundamentals in this purchase were missing and unfortunately I think it's cash flow negative.I wrote a nice blog response using the numbers and explaining items he could do to reach cash flow neutral (splitting the utilities, advertising on craigslist, reviewing his property management contract, etc) and my post (and 40 min of my time) were deleted.I have a polite e-mail submitted to the author for discussion but we'll see what comes of it.

Probate is a process by which title to a deceased person's real property may be transferred.Your title insurance company or escrow/closing agent should be sufficiently experienced in the documents required to effect an insured sale.The process varies by state but essentially you'll need a seller who has sufficient capacity, powers and authority to sell you the property.

Your Public Housing Authority should have the HUD booklet for landlords, your local landlord association should also have materials on rental issues.

They are already in force and if you fit the bill, you are legally required to have a Compliance Management System in place for those Acts.Even where the rules are still changing, you have a compliance obligation.For those who believe these rules are not being enforced, please consider that when looking at what is being done to larger entities, qualified authorities can easily extrapolate what is going to happen when they come across a small Lonnie Dealer.

I requested a settlement statment prior to close and did not get it.The closing took 6 hours because the lender kept screwing up the settlement statement.The HUD-1 at closing did not have page 3 completed just a line through the page with with NA hand writtenI compared the GFE with the HUD-1 and found I was charged 60 percent more for title insurance, 50 percent more for title fees and 15 percent more for the appraisal.My questions are since the GFE was on the old form does it meet the requiremnts of GFE within 3 days.I believe they violated RESPA with the excess fees Do I file with the state banking authority, HUD in D.C., or the bank or all three?

I would suggest you evaluate the money you have available to invest and select the geographic area that you can get the largest bang for your buck.

Avoid textbook authors like Philip Kotler.One more thing perhaps: Kim Kiyosaki once told the story of how a 12 year old got her first apartment with 'no money down' (actually, a loan from the parents).

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