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1 July 2024 | 7 replies
(Florida’s insurance scares me.) if your intent is to avoid state income taxes.
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30 June 2024 | 4 replies
My intentions are to wholesale them.
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2 July 2024 | 11 replies
We have a 14-page management contract that we've added our real experiences to over the years, with the intent of protecting both us AND the landlord.
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1 July 2024 | 8 replies
People always forget about something that throws a red flag and if you can't prove that your original intention was to occupy the house as a primary residence, then it is mortgage fraud.
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1 July 2024 | 5 replies
., knows this is your intention and work with them to have the property transferred to the applicable Series in your Series LLC.
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2 July 2024 | 26 replies
My first intent was to go room by room, one every other month and rehab it.
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1 July 2024 | 12 replies
I intentionally turned my REI brain off.
3 July 2024 | 20 replies
They adhere to a strict code of ethics and are often members of national and local real estate associations.The Process:Property Listing: They list properties on local Multiple Listing Services (MLS), exposing them to a broad audience of potential buyers.Client Representation: Realtors represent either the buyer or the seller, guiding them through the transaction process, ensuring legal compliance, and striving for the best deal for their client.Commission-Based Earnings: They earn through commissions—predetermined percentages of the property’s selling price.Wholesalers: The Middle-MenReal estate wholesalers seek out off-market properties, secure them at significantly low prices, often through a signed contract with a seller, then "assign" or sell that contract to an end buyer for a higher price.The Process:Property Hunt: Wholesalers look for properties often not listed on MLS, sometimes requiring significant repairs or distressed sales.Under Contract: They negotiate directly with sellers and sign a purchase contract, with no intention of actually closing the deal themselves.Assignment of Contract: Wholesalers then sell this contract to an investor or end buyer at a markup, pocketing the difference as their profit.Divergence Creates TensionThis fundamental difference in operations sets the stage for conflict.
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30 June 2024 | 5 replies
The intention is to connect and share experience with other investors to learn from eachother.
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29 June 2024 | 3 replies
What is your intention with the property?