Josh T.
Idaho "Dealer in Options" Law
25 January 2016 | 18 replies
From the Idaho statute:DEFINITION ~"Dealer in options" means any person, firm, partnership, association or corporation who shall directly or indirectly take, obtain or use options to purchase, exchange, lease option or lease purchase real property or any interest therein for another or others whether or not the options shall be in his or its name and whether or not title to the property shall pass through the name of the person, firm, partnership, association or corporation in connection with the purchase, sale, exchange, lease option or lease purchase of the real property, or interest therein.IMPLICATION ~(36) "Real estate broker" means and includes:(a) Any person other than a real estate salesperson, who, directly or indirectly, while acting for another, for compensation or a promise or an expectation thereof, engages in any of the following: sells, lists, buys, or negotiates, or offers to sell, list, buy or negotiate the purchase, sale, option or exchange of real estate or any interest therein or business opportunity or interest therein for others;(b) Any actively licensed broker while, directly or indirectly, acting on the broker's own behalf;(c) Any person who represents to the public that the person is engaged in any of the above activities;(d) Any person who directly or indirectly engages in, directs, or takes any part in the procuring of prospects, or in the negotiating or closing of any transaction which does or is calculated to result in any of the acts above set forth;(e) A dealer in options as defined in this section.
Jimmy Good
Feedback or Input on Doorloop Property Management Software
17 November 2023 | 9 replies
Often newer platforms take a while to work though their processes/bugs/features, but I don't know anything specific about this company other than they have millions to spend on advertising and procured reviews right now.There's a lot of great alternatives out there as well.
Justin Smith
How does investing in an LLC effect your ability to borrow?
24 July 2015 | 1 reply
We have procured a non recourse loan for the purchase of the building and will have all of the partners form an LLC contribute to the down payment to fund the purchase.
Shadera Williams
Hard Money Lenders in Hampton Roads, VA
8 February 2017 | 5 replies
I think it may be easier to procure financing in VA as an LLC (or other entity for that matter).
Bill Denney
Gatlinburg maybe? Where to invest 50-70k investment for 80k + return
2 September 2023 | 32 replies
It enables you to get last minute bookings for a couple looking to get away.
Sunny C.
Insurance policy from contract onwards
2 January 2018 | 4 replies
If you are seeking coverage for the possibility of freezing and bursting pipes in the future, yes you can procure insurance to cover you beginning at the time you take ownership of the property (closing).
Jonathan Hasan
Should I tell a listing agent that I am a wholesaler?
14 July 2021 | 78 replies
Procuring of prospects calculated to result in the purchase, sale or exchange of real estate; [PL 1987, c. 395, Pt.
Ines Eden
seeking opportunity in Real Estate
18 June 2020 | 0 replies
Hi, I'm a procurement professional with strong business acumen and over 15 years’ experience driving capital and tenant improvement projects seeking to transition into Property Management.
Michelle R.
On a failed 1031 exchange, capital gains are paid in which year?
13 April 2018 | 3 replies
If we were to not procure a replacement property by the 180 day mark in June 2018, there would be capital gains owing.
Keith Bloemendaal
Question About Reinvesting: Pay down mortgage(s) or save for next deal
2 December 2014 | 63 replies
If you can still procure guidance lines or bank money at low interest rates by stuffing your cash in a project you may be better off using more of your own money.