All parties to the sale, Steve Seller, Joe Investor, and Big Bank, will need to execute the proper paperwork and disclosures, depending on local and state law.Hope this helps Gerald - all the best!

I would never rely on a third party to decide on whether or not something is a good investment.

Both the previous posters are correct in the most part. I

He was referring it to, if you got a group of wild teenager who like to throw parties or something along those lines, you would have enough in backup to keep you from putting your own expenses at work on the property and ending up in the negative.

A friend of mine that makes $300,000 a year, works at home (no overhead), has awesome cars, trucks, bikes, 4,500sqft home with 3 bay garage, always vacationing, partying and he was always depressed.

All properties that have gone through the redemption period and a third party did not buy it at the sheriff sale are listed through a broker.

Now they are telling me they want to "severe the relationship" because it would be best for both parties yet I really dont want to leave now that I am on month to month.

Not every loan goes perfectly so it our jobs as consultants to effectively update parties involved.

Not necessarily, I want to extend them to come up in the summer, or point out how much UNDER MARKET their current rent is and offer them a SMALLER INCREASE to sign now, increase to take effect at end of current term.You always want to increase rent EVERY YEAR (or every end of lease) in order to train your tenants to expect increases, and to encourage the good ones to sign longer term leases in exchange for SMALLER increases.TN apprentice wrote: officially charging them an above-market rent to make the property sell at a higher priceSounds like someone took "due dilegence" to mean "believing what an interested party told me" instead of what my own investigation revealed.all cash

You really need to be very careful about everything you say to either party so they are never confused as to who you represent.