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18 January 2025 | 5 replies
I think you will definitely want to talk to your lawyer because there may be items linked to this transaction you are not considering.
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21 January 2025 | 8 replies
The Chicago Association of Realtors'® specifically state "When you become a Dual Agent, you owe equal fiduciary duties at that point to both parties in the transaction, and you lose the ability to negotiate for, strategize and advise either one."
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19 January 2025 | 10 replies
If you can sit on the sidelines and be choosy this requirement is fine, but you are going to have to kiss a lot of frogs before you find someone with that much cash on a wrap sale transaction...it may take 6+ months unless you advertise like a mad man3.
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16 January 2025 | 31 replies
Were the transfers from the tenant credit card or ACH transactions.
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6 January 2025 | 4 replies
This phenomenon not only poses significant risks to property owners and managers but also threatens the integrity of rental transactions.
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28 January 2025 | 8 replies
Additionally, involve a real estate attorney to ensure the transaction aligns with legal requirements and protects both parties’ interests.
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17 January 2025 | 7 replies
And if it were set up where everything went through a title company so the buyer pays the title company, they manage the buyer's loan (from me), and the title company ensures my mortgage is paid without my direct involvement... what parts of the transaction would feel risky or not worth the headache to you?
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23 January 2025 | 5 replies
It's not hard to understand the disqualified party rules and prohibited transactions.
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8 January 2025 | 1 reply
Please, those who have already done wholesale, answer whether the chain of actions that WHOLESALER should perform is correct or not, maybe there is no need to do some steps or actions at all, please explain me those who have already done wholesale, thank you very much.
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18 January 2025 | 6 replies
For context, before I learned about his 6 unit I was planning to purchase a 2-3 unit long term rental in Q1 2025 as my first of many deals with a 5 year goal of financial freedom so I can coach my daughter's high school cross country and track teams.