Detail Inclusions & Conveyances with Sale 34.

Establish your criteria for selection (credit, criminal, references, etc), have a nice all-inclusive lease, have a licensed contractor in mind for things you don't know how to fix.

They look at the rent # and not the all inclusive price.

Tenants may appreciate this all inclusive rent and some may be willing to pay more so they don't have to worry about utilities every month.  

In most cases the inclusion of a seller carry-back note with a 1031 Exchange will work if there is sufficient pre-exchange planning to ensure the availability of the proper liquidity to fund the transaction. 

I NEVER pay for these bids and I expect them to be accurate and all inclusive.

In most cases the inclusion of a seller carry-back note with a 1031 Exchange will work if there is sufficient pre-exchange planning to ensure the availability of the proper liquidity to fund the transaction. 

Everyone expects the laundry facility to be covered by rent, so it's not going to work.Besides just water, you also need a dedicated water heater for it, you can't teed off the hot water from a unit, because then that tenant is paying for the electric or gas to heat the water used by everyone.I am not sure it's cost effective, and even if it is, I believe the trend is towards more all inclusive in general. 

Option 1Flat Fee (ALL INCLUSIVE INCLUDING LEASING FEES) Only paid if rent is receivedSingle Family, Town-Home, Condo, and Lofts: $125.00/month Flat FeeDuplex: $115.00/month, per unitTri-Plex: $110.00/month, per unitQUAD: $105.00/month, per unit5-10 Units: As low as $95.00/month, per unit11-30 Units: As low as $85.00/month, per unit31+ Units: As low as $75.00/month, per unitOption 212%-15% of Monthly Collected Rent (ALL INCLUSIVE INCLUDING LEASING FEES) Only paid if rent is receivedOption 3 Traditional setup8% of Monthly Collected Rent1 Month Leasing Fee - Paid when new tenant moves in1/2 Month Renewal Fee - Paid if lease is renewedIf you were to hire a property manager, which fee structure would you like better?

But buying and holding real estate, liens, notes etc is NOT transacting business.In the case of Memphis our advice came from the Tennessee Secretary of State:The Tennessee Business Corporation Act (TCA 48-11-101 et. seq.) does not define “transacting business,” but does provide the following non-inclusive and non-exhaustive list of activities that do not constitute transacting business in Tennessee: Maintaining, defending or settling any proceeding, claim or dispute;Holding meetings of the board of directors or shareholders or carrying on other activities concerning internal corporate affairs;Maintaining bank accounts;Maintaining offices or agencies for the transfer, exchange and registration of the corporation’s own securities or appointing and maintaining trustees or depositories with respect to those securities;Selling through independent contractors;Soliciting or obtaining orders, whether by mail or through employees or agents or otherwise, if the orders require acceptance outside Tennessee before they become contracts;Creating or acquiring indebtedness, deeds of trusts, mortgages and security interests in real or personal property;Securing or collecting debts or enforcing mortgages, deeds of trust, and security interests in property securing the debts;Owning, without more, real or personal property (including, for a reasonable time, the management and rental of real property acquired in connection with enforcing a mortgage or deed of trust if the owner is attempting to liquidate the owner’s investment and if no office or other agency, other than an independent agency, is maintained in Tennessee);Conducting an isolated transaction that is completed within one month and that is not one in the course of repeated transactions of a like nature; or Transacting business in interstate commerce.We have set up hundreds of clients in 9 countries so we make sure our advice is good.