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Results (10,000+)
Kenneth LaVoie GREAT Cash flow property that I dont' want to own!
16 April 2012 | 29 replies
There are 3rd party loan administration companies that will also "professionalize" the loan transaction, and give the lender more peace of mind.Many advise, for the security of the lender, that you execute a couple of additional documents: (1) document permitting the lender to deed the property to themselves if you are more than xx days late on the payment (often 30 days), and (2) an assignment of rents, allowing the lender to intercede with the tenants and begin collecting the rent directly if you are more than xx days late on the payment (again, 30 days is common).
Charles Shils Buyer agent commission
16 February 2012 | 11 replies
So, you shouldn't be fighting with an agent at all, only their broker (and you probably shouldn't be fighting with the broker either).Second, you only pay a commission if the deal is closed (there are some edge cases where you'd technically owe a commission on a deal that's not consummated, but those would involve you not living up to an executed agreement, which you never had with the buyer the first time around).Third, if an agent/broker has an issue with a buyer breaching an agency relationship, that is between the broker and the buyer, not the seller.
Account Closed how do I speak "lawyer?" to get an owner finance contract
14 February 2012 | 11 replies
You find the real estate product first and then buyers second if you want to execute a subject-to purchase that you sell on terms.
Jeremy Namen Neighborhood Revival
17 October 2012 | 55 replies
Shop the plan around to other investors who are in the are and see if they think its madness or a practical and executable plan.Every real estate investment should be analyzed for maximum capitalization.
Zachary Dosch Converting an office building to an apartment building
1 April 2012 | 28 replies
I think my biggest problem is finding a contractor that is able to see what I tell him and execute the plan.
Rob Cee Condos in good areas vs. 2-4 units in worse areas
19 June 2012 | 23 replies
There is a butt for every seat, you just have to have planned right and executed better.
Kama Ward Hi from Asheville, NC
20 February 2012 | 6 replies
I think the wisdom and practicality at biggerpockets will help me define the best way to go forward- not to mention the questions and details that come up when executing the plan.
Audry Wong Why my REO purchase cannot be completed by WF
24 February 2012 | 5 replies
If they fail to execute than they are in breach of contract and cancel and walk away.If you really want to keep the house, you need to have a better understanding of what is clouding the title.
John Jabson flip with 3 people?
15 January 2013 | 8 replies
Jon is spot on, there will be disagreements and you must have an efficient way to handle them quickly.Whatever you do, do not assign each of you titles like Executive, Judicial and Legislative duties.
Sam Schlacter Should I take section 8 tenant?
14 January 2013 | 18 replies
Do I still execute the same lease I use with other tenants or do I have to prepare a "special" lease in case of section 8 tenant?