If there is a note involved, the specifics need to be understood (amortization, term, interest rate, paid in kind, recourse, PG, etc) and the seller should command a higher price.

A skillful investor can hedge risk in either activity, but it is hard to control things like interest rates and whether or not the government decides to issue tax credits for buying at certain time slots.

P G.· Huntington Beach, CaliforniaI'm selling a small investment condo I own free and clear.

While that isn't always easy, in real estate operations and dealings, it is easy......just understand, it's not easy.Find your buyers first, then you could go through lists, mail for interest in selling, if they are, match what they have to your customer's needs, if you have a hit, go talk to them, if they don't meet buyer's needs, put them in a slot for future contacts when you find a buyer interested in that type of property.

One came up corporate .. worked for PG and eventually Nestle ( which owned Beringer  and wine world estates) he was the President of the company and also ran Stauffer for Nestle for a while Then bought wine world from Nestle and then took it public and sold it for 1.5B ..

Stephen,Can I ask what area you're looking to build, I've been thinking about land development for a multifamily in PG county myself.

Anyone remember playing the penny slots there with other kids way back then?

I wonder if she'll want a picture of my assets or status of my managing memberok, I know we need to keep it PG but C'mon that was a little funny!

PG

id=qrmsoRD0eLAC&pg=PA73&lpg=PA73&dq=california+real+estate+law+referral+fee+unlicensed&source=web&ots=Ns1RHZLxfa&sig=Xce8O6eXS0c7qcqHvHSXFdmfkQ4&hl=en&sa=X&oi=book_result&resnum=3&ct=resultHere is the actual law in legalese: http://law.onecle.com/california/business/10137.htmlHere is a referral chart CAR issued regarding referral laws: http://www.avivarate.com/Note/ReferralFeeChart.pdf Refer to page 2, #8 "Yes, if only introduction"--meaning that bird dogs can't have any part in the the negotiations (which they don't), or defining the price (which they shouldn't).As defined specifically by these laws, referrals in California are PERFECTLY legal--doesn't need to be a gift or things of that nature.