30 November 2015 | 79 replies
If this is a cost plus, you need not to give him money, he will have to give you the quote, then you issue a check to the supplier everytime he buys them (your local homedepot calls this "managed account services"), for small items, he needs to fund it (or you expose $1000 as revolving fund, to be deducted at last payment). for all material receipts, he will have to keep all of it, and bill you a certain % from the total amount, if doesn't give you the receipt, it doesnt exist (good way to keep your receipts too, have him submit it to an envelope along with a tape/tabulated excel printout). for payroll, you will negotiate a specific rate per trade (all inclusive to lessen litigation issues), and you will have to pay him 2 calendar days after he sends his payroll (maybe friday after work hours, or saturdays preferred). for your safety, be sure to get a waiver of subrogation on all of his insurances naming you as additional insured, call your local agent for this, they know best.
18 February 2014 | 20 replies
In addition to the items you listed for inclusion in your 'presentation' (I think you are right on target as far as making a good, professional, first impression) I am thinking of having info for the 'Mom and Pop" investors mentioned above (they are a good share of who I plan to present to) on what their (likely) low risk - low return investment will likely yield over time vs what their loan to us would yield.
29 September 2015 | 43 replies
@James Clayton We were doing wraps in the 80's when the all inclusive deed of trust was created: as a way of protecting the buyer of the wrap.And like Aaron I have seen many try to use this scheme of buying properties with little equity and selling to low down credit risk folks.. and make the delta maybe a few hunderd a month.. and the idea is you get a lot of them and you create cash flow Blah Blah Blah.Well those are transactions that are ripe for failure and one can get in a mess of trouble with regulators if you have a bunch of them go bad on you and you have the sellers filing complaints against you, as they lose their homes or their credit.I have done 100s of sub too's over the years not just a few but hundreds, however like Aaron and many others we kept them as rentals or then just sold them for profit down the line.
25 March 2013 | 3 replies
They love the inclusion, I get to hang out with them, and still be "working" :)Justin Silverio, human waste, nice!!!!
3 June 2024 | 4 replies
This isn't inclusive but should give you a good start.
14 February 2015 | 7 replies
So your rent will have to be inclusive of all utilities and probably even cable and tradeYou might also not have on-site amenities such as individual laundry machines.
6 April 2022 | 3 replies
This isn't inclusive but should give you a good start.
19 February 2018 | 7 replies
As a signatory to the lease, a co-signor has all the rights of a tenant, inclusive of the right of access.
18 May 2024 | 8 replies
I bought tens of tax liens certificates in online auctions in Arizona over several years, and got the vast majority of them at interest rates between 0% and 4%, inclusive.
18 September 2007 | 3 replies
I have never tried to buy them so I can't say what they are really but going to your local attorney all lawyer will probably be your best bet.But to be honest with an offer to purchase what I use is simple..It just covers all the details of the property and purchasing price...its not a contract so it doesn't have to be all inclusive.