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18 September 2007 | 6 replies
You must be licensed by the NASD (securities) if you are going to sell the securitized TIC investment property or you must be licensed by the state department of real estate (DRE in California) if you are selling the real estate TIC investment property. 1031 Exchange Options is one of the few TIC Brokers that requires its licensed registered representatives to be dual licensed, but it is not required.You might be able to get your securities license and hang the license with a broker dealer that will permit you to do both real estate work and securities work.
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7 September 2007 | 3 replies
Theres an article in the left column of this forum regarding Section 8:http://www.biggerpockets.com/section-8-hud.htmlI currently own 3 Section 8 properties.Generally speaking, Section 8 just makes sure the home is suitable for human life, and provides the money, all or in part, so that person(s) can live there.
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21 December 2007 | 6 replies
OK, my question is, would it be smart, since I'm looking several business, starting out with one LLC to act as General partner to all the different businesses as LP's LLC as general partner and me as a limited partner in construction LP real estate investment LP coin dealer and financing LP That is to start, if any one business takes off I will create a LLC just for that one business so the other LP can't touch the asset of the thriving Business. any thoughts would be appreciated.
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5 October 2007 | 1 reply
I it not illegal to discriminate against criminals; people who lie on their application; drug dealers; or people who have been evicted - at least not in Ohio.
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10 October 2007 | 2 replies
I’m aware that being an agent AND an investor might sometimes become a negative thing, but my hopes were that I could make money to buy my own properties and learn more about the industry all at the same time.Although I love every aspect of RE investment (flippers, foreclosures, etc), my long term goal is to own rental properties, (as many as humanly possible :D ), and considering prices in the Boston neighborhoods that I’m interested in, I’m guessing that I’ll need at least $50,000 before I can buy my first property.
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3 December 2007 | 28 replies
Originally posted by "justpropertiesllc":I have a tendency to think the world is all about me :shock: .Very much the natural human response.
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13 December 2007 | 3 replies
Do that kind of thing enough and the IRS will consider you a "dealer" and the lots as inventory held for sale.Depending on how "remote" this whole thing is you might be better off making part of the 700' an access road, thereby retaining enough frontage for 3 main road lots, but giving you a lot more lots by making them smaller than 13 acres each, with only a 230 yard frontage.By the way, have you ever subdivided and/or developed lots before?
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27 December 2007 | 2 replies
Also ran ads, etc...So, I've used his information, forms and it works, but I have a different life philosophy and have gone on to other Gurus that mesh with how I am as a person and human.
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31 May 2008 | 33 replies
His drug dealer kept coming over, he'd stay up until 4h00am, make noise, etc I had some furniture in the rental basically and old bed, a desk, a 27 inch tv, a fridge and a range, he just used that because I didn't have time to remove then and didn't really care anyway, he never brought in ANY of his own furniture (he kept telling me his stuff was in a locker while in fact he didn't have anything).
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5 July 2009 | 3 replies
Also talk to manufactured home dealers... they will generally have lists of subdivisions approved for manufactured homes.