Shannon V.
Assignee Signature in Purchase & Sales Agreement?
22 October 2021 | 11 replies
@Shannon Vrabec wholesaling in this state really comes down to intent...if you have no intent on purchasing the property yourself, you're brokering without a license and subject to penalty...that said, Ohio has 8,000 real estate agents that can't make it through the day without doing something stupid and the regulatory agency has no bandwidth or focus on wholesaling.By virtue, almost all contracts are assignable...you can include a clause in your P&S agreement if you want, but its not required...I would suggest that you have your contract reviewed/revised by a lawyer...the $250 is worth it if you want to avoid legal action down the road.I'm guessing you have not done this before...your title agency will provide guidance when you make the request for title work...just ask them what they want to see in the contract...but note most reputable title agencies and lawyers will not get involved with wholesaling activities.
Rosemary Saleeba
Million dollars: Multifamily or short term vacation rental??
18 November 2021 | 15 replies
Short term rentals have too much regulatory risk and (IMO) are likely oversupplied in many markets.
Noah Hoffman
Will an appraiser deduct value for non-permitted work?
6 August 2018 | 1 reply
@Noah HoffmanMy view is that the financial system/process for origination and loans is completely separate from the regulatory jurisdiction with regards to permitting....
Alon A.
First Property Investment
10 February 2023 | 18 replies
Taxes, insurance, weather, growth rates, domestic migration patterns, corporate relocations, school rankings, proximity to major airports, regulatory environment, etc.
Kevin Anton
Getting Started and Mentorship/Support
14 February 2023 | 14 replies
Here are a few steps you can take to get started:Education: Start by educating yourself on the various aspects of real estate investing, including different investment strategies, the tax implications of real estate ownership, and the legal and regulatory requirements involved.
Emily De Leon
Does this count as house hacking?
30 November 2022 | 8 replies
There is no househacking regulatory government agency that determines what is and what isnt househacking.
Tyler Frost
Text Blasting as the New Direct Mail
29 July 2020 | 30 replies
4) There is a complex and ever-changing regulatory framework you need to stay abreast of.
Jared Sandler
Choosing a Hard Money Lender
28 July 2020 | 3 replies
Hard money lending is a niche market that has legal, regulatory, and commercial processes that are unlike banks or mortgage brokers.
Evan Kraus
Checkbook IRA Representative
28 July 2014 | 16 replies
This is becuase the IRS and other regulatory bodies came down pretty hard several years ago on SD IRA custodians who custodied Single Member LLCs.
Jamil Rivera
Limitless vs Morris invest
4 June 2019 | 94 replies
I've ask that exact same question several times to multiple legal, regulatory and city organizations.