REI - you yourself didn't know what the proper expense numbers were just a few days ago and even asked me for a reference.

So if your LLC is sued for some reason your personal assets are not at risk, that assumes that you set everything up properly. 8)

It does take a lot of research and work to find the right websites, but they do exist and you can generate business/sales with proper banner ads and placement.Just my 2 cents.

If you jack up the price to accommodate a commission and it sells, then it was likely priced too low before that and you just jacked it up to market price or even still lower than market price.You are also correct in that having a property properly listed and advertised through an agent can make the difference between it selling and not selling.

If it states that it automatically reverts to a month-to-month or a renewal period equal to the original, then again local law will dictate what you need to do.In either event, once you have given the proper notice, or in the case of a fixed term lease where no further notice is required, local law should also spell out what it will cost your "Holdover" tenant if they are not out on the date specified.

I am learning about the "proper" way to take advantage of leveraging equity using rentals/apartments/leases and holding the properties for an extended period of time, i.e. for years.I have an industrial property I purchased using some of the equity in my home.

Can you advertise a property that has bedrooms in the attic with out the proper exits?

the best way to do either is to post here and other internet forums. look for someone with experience that is willing to teach you the proper protocol. make yourself known and get your sign posted that you are in business everywhere you can. be prepared to put in some long hours and alot of phone calls. i have over 6000 minutes on my cell this month and over 4500 emails to my inbox. the banks dont deal with anyone that dosnt have the cash to perform so if you dont have a solid buyer backing you up it is not to often that you can find a direct source but you cant stop trying everyday. remember, behind every dud is a stud.

We need to figure out the proper steps to start doing the investing so we don't lose out shirts and the new house!!

You need to rip out the surround, make proper repairs, and stop the deterioration.