I just filed my LLC name on the WI One stop business portal website which worked really slick and supposed to be really fast and was cheaper than a lawyer filing it for me.

I am supposed to close on this deal August 8.

It got me thinking about why that was and the impact that non-participation could have on my investing future.I realized several key things:FEAR is often cited as the reason for inaction in investingIn my case I call it ego – which I suppose, the bruising of my ego, is a form of fear.

All of this supposes that your lease puts your tenant in default if he doesn't maintain gas service.

If they were supposed to complete something on the rehab schedule that they did not complete, they didn't draw until it was finished and I was satisfied.

I suppose you would just hire a leasing agent wherever it is you want to work too.       

*sad face* I suppose it makes sense, but until I learned this, I was under the impression that they credit back some of the tax bill no matter the water repair reason.

Though they are supposed to ask before making any changes to the property they did not.

Though they are supposed to ask before making any changes to the property they did not.

Just bought a multi-family property and have a tenant group paying $300-400 below market with a dead-basic 1 page written lease about to expire but claim to have a 12 month verbal lease extension with the previous owner at same price...Rents are low (about $1450, should be 1750-1850) and I want to raise them but they (and seller) claim they agreed to another 12 months, which is supposed to start in about a week.For emphasis, there is nothing in writing regarding an extension.Furthermore, none of them were screened by the seller (I think they'd agree to a background check).I want to do some repairs including painting and remodeling if they agree to an increase, but don't feel it's justified at the low price they are currently paying.Your thoughts are appreciated!