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27 January 2017 | 7 replies
Wiring in that old of a mobile home could be made out of aluminium as well instead of copper which is better.I know that you might be looking to jump in to get started but make sure you check everything, run the numbers and make sure it all makes sense first.
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29 January 2017 | 4 replies
Any buyer can walk in behind one of these frauds, make an honest offer, put down substantial consideration, and kick the unlicensed broker to the curb.From the statute:All contracts, options, or other devices not based upon a substantial consideration, or that are otherwise employed to permit an unlicensed person to sell, lease, or let real estate, the beneficial title to which has not, in good faith, passed to such party for a substantial consideration, are hereby declared void and ineffective in all cases, suits, or proceedings had or taken under this chapter; however, this section shall not apply to irrevocable gifts, to unconditional contracts to purchase, or to options based upon a substantial consideration actually paid and not subject to any agreements to return or right of return reserve
1 February 2017 | 18 replies
Here is from FL statues 475.43"All contracts, options, or other devices not based upon a substantial consideration, or that are otherwise employed to permit an unlicensed person to sell, lease, or let real estate, the beneficial title to which has not, in good faith, passed to such party for a substantial consideration, are hereby declared void and ineffective in all cases, suits, or proceedings had or taken under this chapter; however, this section shall not apply to irrevocable gifts, to unconditional contracts to purchase, or to options based upon a substantial consideration actually paid and not subject to any agreements to return or right of return reserve"I will welcome the day when all the frauds and game players are mostly out of business.
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10 February 2017 | 1 reply
Some are offering one month's free rent, gift cards, or other amenities.
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11 February 2017 | 4 replies
I read the secrets of the millionaire mind, followed some of the steps, ended up saying I was a money magnet, came across a nickel, said I was a money magnet, customer gave me 120 dollars, said it again and my monther in law is gifting us 40k to buy a house.
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12 February 2017 | 5 replies
I was gifted a house from my parents worth $50,000.
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12 February 2017 | 1 reply
In my limited reading, it appears that there are some limits on this so that people don't skirt the gift tax, but I am sincerely looking for some insight.Much appreciated!
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14 February 2017 | 19 replies
If they gift it to you now, their basis will carry over to you (and if they bought the property a long time go, their basis could be really low).
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17 February 2017 | 3 replies
Buy only where your CoC returns a cashflow while holding and treat appreciation as a gift, not a necessity of the transaction.
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18 February 2017 | 1 reply
I was born and raised on a farm, was home-schooled for the first part of my life, joined the military out of HS, and have pushed myself to become something greater than what I was told I would be.About 2 years ago I was given the book "Rich Dad, Poor Dad" as a gift.