I added value to the deal by retaining the 3 long-term tenants on the upper level, providing immediate cash flow, while planning upgrades to their units to justify future rent increases.

I added value to the deal by retaining the 3 long-term tenants on the upper level, providing immediate cash flow, while planning upgrades to their units to justify future rent increases.

I added value to the deal by retaining the 3 long-term tenants on the upper level, providing immediate cash flow, while planning upgrades to their units to justify future rent increases.

This may actually be the best method to prevent the sale from being discovered, but of course there are other potential pitfalls.Under federal law a transfer to a trust where the grantor retains the beneficial interest WOULD be exempt from the DOS... but notice how in the context outlined above the exemption would disappear.

I consider her a friend but I was thinking about retaining another agent.

Common fees will include a set-up fee, a leasing fee for each turnover or a lease renewal fee, marking up maintenance, retaining late fees, and more.

"Seller" was able to retain some oversight on operations, since they were still titled owner and on loan.  

If you have multiple properties where you can do this, you can finance a very nice lifestyle and still retain the underlying assets.Just curious the groups' thoughts on this?

Quote from @George Bell: I belong to a big real estate investment group and we have a lawyer on retainer and he actually advises on #3.

can you go 1-2 hours out for a lower price point but retain the ability to be hands on?