Last thing I want to do is a favor for someone and end up in hot water as the procuring cause if for some reason the deal tanked.. and as we know deals can tank.AS for multi.. not really anything I personally do but I have looked at a few lately in our market and they are selling at 3 to 4 cap... and when talking with brokers they say they have multiple offers and most are being bought by 1031 folks..

I'd like to add to them:  put in a clause in your lease that reads 3 or more domestic disturbance police visits may be cause for termination of lease, and: the tenant authorizes the landlord to procure a copy of any police incident report.The first clause is self-explanatory, the second--many police departments will NOT issue a police report to anyone not directly involved with an incident. 

I can see your analysis showing the most stable investments and to some maybe that equates to best but as far as returns go I guess I'm not sure how to make that work unless I'm severely undercutting the rental price or if you were able to procure the property at a huge discount. 

If you are asking $3M for the business and only have $50k of inventory on hand, then it probably doesn't make sense to separate it in the negotiation.Also, since you are selling to your partner, it may make a difference to him if he is going out of pocket to buy you out or if the business entity is buying and retiring your shares.It would seem to me that the cost of procuring inventory probably doesn't come into play.

Procuring capital for fix-and-flip projects was very hard in 2008 during the credit meltdown.

I talked to a lawyer the other day about wholesaling, and I showed him a purchase and assignment contract, and he gave me the hammer.Here is our discussion:4735.01 Real estate broker definitionsAs used in this chapter:a)“Real Estate broker” includes any person, partnership, association, limited liability company, limited liability partnership, or corporation, foreign or domestic, who for another, whether pursuant to power of attorney or otherwise, and who for a fee, commission, or other valuable considerations, or with the intention, or in the expectation, or upon the promise of receiving or collecting a fee, commission, or other valuable considerations does any of the following:1)Sells, exchanges, purchases, rents, or leases, or negotiates the sale, exchange, purchase, rental, or leasing of any real estate;2)offers, attempts, or agrees to negotiate the sale, exchange, purchase, rental, or leasing of any real estate;3)lists, or offers, attempts, or agrees to list, of auctions, or offers, attempts, or agrees to auction, any real estate;4)Buys or offers to buy, sells or offers to sell, or otherwise deals in options on real estate;5)Operates, manages, or rents, or offers or attempts to operate, manage, or rent, other than as custodian, caretakers, or janitor, any building or portion of buildings to the public as tenants;6)Advertises or holds self out as engaged in the business of selling, exchanging, purchasing, renting, or leasing real estate;7)Directs or assists in the procuring of prospects or the negotiation of any transaction, other than mortgage financing, which does or is calculated to result in the sale, exchange, leasing, or renting of any real estate;8)Is engaged in the business of charging an advance fee or contracting for collection of a fee in connection with any contract whereby the broker undertakes primarily to promote the sale, exchange, purchase, rental, or leasing of real estate through its listing in a publication issued primarily for such purpose, or for referral of information concerning such real estate to brokers, or both, except that this division does not apply to a publisher of listings or compilations of sales of real estate by their owners;9)Collects rental information for purposes of referring prospective tenants to rental units or locations of such units and charges the prospective tenants a fee.Therefore, I believe that if you engage in the actions we discussed, it may make you and/or your business an unlicensed real estate broker.  

@Jeff Rabinowitz After reviewing the file upload procedures and T/Cs, I agree -- here it is courtesy of C & P:OPTION AGREEMENT FOR PURCHASE OF REAL PROPERTYTHIS OPTION AGREEMENT ("Agreement") made and entered into this ____ day of _________, 20__,by and between ______________________________________________________________________________,whose principal address is _____________________________________________________________________,hereinafter referred to as "Seller" and _________________________________________________________________________________________, hereinafter referred to as "Buyer": W I T N E S S E T H: WHEREAS, Seller is the fee simple owner of certain real property being, lying and situated in the County of ________________, State of ________________, such real property having the street address of:_____________________________________________________________________________________________WHEREAS, Buyer desires to procure an option to purchase the Premises upon the terms and provisions as hereinafter set forth; NOW, THEREFORE, for good and valuable consideration the receipt and sufficiency of which is hereby acknowledged by the parties hereto and for the mutual covenants contained herein, Seller and Buyer hereby agree as follows: 1.

If you need assistance on setting up procurement for your business or great questions to ask potential contractors.

@Bill Gulley What hope do new inexperience people have of acquiring JV’s to procure NPN and NPL where the collateral is real estate?

@Jackie LangeThere is nothing wrong with what the OP or the agent did in the procuring of the property.