25 March 2014 | 14 replies
Your best advice I believe and I would agree is to always consult an attorney when you are assessing your risk.You almost sound like an insurance agent, LOLThe only part I agree with that you mentioned is to see your attorney and that values may be different in different jurisdictions.I'd say the only ones on this site that can evaluate similar cases would be attorneys, certainly no layperson can make such an evaluation.When I had my insurance brokerage I also did finance work and estate planning with an attorney (who later became a judge) I did valuations for him for loss of work, loss of an eye, arm, leg which are pretty well statistically set, not wild determinations.As I said, costs of defense are insured, the attorney gets paid.If you are exposed to 50M in losses, insure for 60M.If you are under insured, you have a loss and your assets, like you said could be liquidated, but not all your assets, some assets are protected in BK.
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23 March 2014 | 10 replies
I'd also be sure to use a third party servicer for payments to avoid any "confusion" over payments received.
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2 February 2015 | 4 replies
But we plan to sell this one in another year or so again to avoid high taxes but mean while we have been remodeling the house with money out of our pockets, we get our money back anyways so we don't mind doing a little bit at a time to the house almost everyday.It has been a lot of hard work, a lot of sacrifice, a lot a lot of patience plus putting fun and having nice cars, nice clothing a lot of stuff people have aside to be able to have what we have now, but its all worth it because the best part is they have all been paid off in cash so we have no mortgages plus we get rental income coming in, but we are not stopping there we hope to continue to reach our goal which is having at least 10 rental properties and build our custom home by the time we are 55-60 years old we are now 37.
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23 March 2014 | 8 replies
And that is when you are already a party in a deal with them.
21 February 2018 | 9 replies
Wasn't afraid to get mud on my wingtips, it wiped off.In sales we call this having a 3rd party influence that adds credibility, it's good for any business marketing one on one.
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26 March 2014 | 22 replies
U-Haul can probably tell the size of the truck and the animal and narrow down the list to festivals or parties?
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27 March 2014 | 9 replies
If someone gains knowledge or information about the property through any effort of the broker, the broker is seen as the procuring cause of the sale.Interfering with a contract between two parties can be a tortuous act and can get you sued.Get a Realtor an make an offer. :)
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24 March 2014 | 0 replies
i would love to listen to your stories. i Currently do not want to put any money down a master lease, but i must figure out a was to satisfy both parties at the same time... no one is going to hand over a pot of gold for free..
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7 April 2014 | 16 replies
The more I learn and network with investors the more I find myself leaving the mindset of the renter and favoring the rules of the landlord.Having said that the hardest part I think I will have to overcome is putting each individuals story aside.
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4 June 2014 | 0 replies
First property sold was titled HW JT, bought upleg in HW JT, want to convert to LLC in name of one party (for simplicity), will this wash with IRS since all still funnels to joint HW tax return.