I think the background check would give you a good idea if this person is a repeat offender or someone who committed a felony did their time and reformed.

The contract does not provide any options beyond 20 year lease.Have you seen any of this kind of TIC mature and reform what might I expect.Thanks

Perhaps at some point in the future common sense tort reform will come back to America and things will get better.

Amanda HanBrandon HallTax Reform Update – Brandon Hall and Amanda Han Linda Weygant GuidesUltimate Beginners Guide Forum StickiesBP Calculators or spreadsheets uploaded by membersMy Favorite Books I have to say all of the BP books…right?

Maybe we could even separate that down into sub-categories of lenders, properties, etc. rather than just having the tags at the heading of each post.I feel like we're congress/the house trying to pass tax reform or something.  

Besides the rules, there are underwriting aspects, an underwriter may have discretion in approving any borrower based on prudent practices, not knowing the sins committed no one can say at what date they may qualify, and, you have to get to that point to access current credit and determine if they have reformed from their ways, if applicable.

I still use it but on a limited basis.The Dodd Frank Wall Street Reform and Consumer Protection Act came into effect January, 2014 and there is a small part of it that applies to real estate investors- particularly their exit strategy on property.If you finance a single-family house to someone who is going to live there this applies to you.

We've met with a local atty to discuss LLC vs S-Corp, and we were advised to hold off a couple months to see how the potential Trump tax reform might impact our tax situation (i.e., perhaps it would be better to incorporate to get a lower tax burden?)

Although the tax reform bill is still in conference and hasn't been passed, and the final bill will require study in conjunction with a discussion with a real estate savvy CPA to understand its implications on my particular real estate question, I am hoping someone on this thread can weigh in with some general advice.

Every month that they get whacked with a fee might, it MIGHT reform their payment behavior.