The final escalation amount should be a "I don't want to lose it over this amount" not a large range to cover huge swing in price.

I have not purchased a home yet. My goal is to purchase my first multi-family property this year. Question- If I purchase an investment property (where 20% down is required, so first-time doesn’t help) will I then be ...

I am losing my mind trying to figure out what to do.On top of the general change in career I am struggling to decide whether or not I would prefer to do commercial or residential.

To use your own phrasing, I think your true "stupid tax" here is losing a formerly reliable tenant because you have to evict at this point.

That would have paid for his education five times, and could have prevented his losses and probably enabled him to make greater profits instead of losing his shirt.There's an education-related real estate investor group which meets in the Lake In The Hills / Crystal Lake area.

If you take the time to share some phone calls with a handful of prior investors, you should get a pretty good handle on what your experience is going to be like.The purpose of investing in a syndication is to leverage the sponsor's time, expertise, and ability to source great deals, but if the experience is going to cause you to lose sleep at night, any return you might make simply will not be worth it.All the best,Jack

And then you lose another month.And along those lines- for those who believe the LLC is the magic liability bullet- by operating as though it doesn't exist you are giving yet another avenue for the veil of the LLC to be pierced. 

If the appraisal was below the purchase price, we could terminate the contract without losing our earnest money deposit.

I'm at the point where I am running every which way and seem to be losing more of my time to grow the business to small menial issues that someone else could be doing.

I got tired of losing at the casinos, and decided to try something else.