HOT AUGUST NIGHT"- WAREIA Meeting -Date: Thursday August 15thTime: 6:30pm to 8:30pm6:30 - 7:00 Wants & Needs7:00 - 7:30 Sponsor Spotlights7:30 - 8:30 Main Topic/sLocation:Salt Lake Community CollegeMiller Professional Development Center (MPDC), Room 2139750 South 300 West, Sandy, UtahDirections (Click Here)TOPIC: Seller Carry Financing & Subject-To(WRAP, All Inclusive Trust Deed, Contract For Deed, Land Trusts, Lease Purchase, Lease w/Option, Rent To Own, etc.)How To Do Your First DealWhat Do You Offer and WhenNew Strategies for Sellers in Default

I have purchased and sold on wraps, All Inclusive Trust Deeds and Contract for Deeds.

He called me after the deadline and counter offered 600,000 while leaving me all the inclusions in the house such as a 1,200 bottle wine collection and all the furniture in the house but, instead of 550 he wanted 600k.

Well great, my guess was wrong, I expected the run of the mill rental :)I suggest you move that deal to a note and deed of trust, all inclusive DOT, take it to a attorney and a RMLO.

I need to set up an all inclusive system as quickly as possible...looking for users and opinions of REI BLACK BOOK..... it looks very ineresting but I can't find much feed back from current users...any input very much appreciated...thank you,Dan WeimanSt Louis

I did use a REA and the Water Softener was not on inclusions or exclusions list.

@Patrick Barry You actually dont have any ridk, he is financing the whole deal.. no risk nor liability. remember that the word contractor means that you have a contractors license, and if you have employees, then you need insurances. the more accurate description for you is project manager, that means you will just be responsible in hiring subs, estimating and even buying materials to say the least. if thats the route, a regular agreement with only 2 llcs will work fine. just make sure if he doesnt hold up his end of the deal, you hit him with potential profit plus your time and expenses paid. i would suggest "50% of net profit if the property sells - and all expenses needs receipt of proof of payment", OR "$xxxx/week (including, gas time, truck rental or all inclusive) from start of the agreement for 6 months or until end of rehab and this weekly charge is due in 1 year if property doesnt sell."

I've put the list in order of inclusiveness...as in the top of the list is always, and the last item it left off the most - 1 - Property owned by seller2 - Rehab is completed3 - Property has tenant in place4 - Property Manager is included5 - Financing provided to Buyer (not necessarily from the Seller)6 - LLC is includedIn my experience, we have a variety of different Buyers looking for TurnKey. 

We are extremely inclusive of expenses within our pro-forma, so our Rehab Estimate includes all Carrying Costs as well.

I meant that those functions would be all inclusive in the parent company.