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6 August 2024 | 0 replies
Here are 5 tips that I like to share with my new team members to help them succeed.Focus on Building Strong Relationships - It is vital for your success to build strong relationships with your clients, colleagues and managers.
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5 August 2024 | 13 replies
Rock solid rental while the money is in the stocks doing double duty as the principle investment as well as your down payment equivalent.
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9 August 2024 | 184 replies
When a listing agent also represents the buyer, the fiduciary duty to both parties gets removed, and instead turns into a duty to oneself (as the agent) to make the most amount of money possible.
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5 August 2024 | 4 replies
You’re asking the right question…I’m active duty Air Force with three rental properties, and I have three VA loans.Sometimes purchasing a home that’s close to turnkey may work if the numbers do.
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5 August 2024 | 7 replies
Using your VA loan benefit is another great way to get started in real estate investing.I’m active duty Air Force with four properties.
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9 August 2024 | 47 replies
In real estate, a broker or a salesperson can be the agent of a seller or a buyer.Here’s a list of the fiduciary duties that an agent owes her client:Accounting: The agent must account for all funds entrusted to her and not commingle (combine) client/customer funds with her personal and/or business funds.Care: The agent must use all of her skills to the best of her ability on behalf of the client.Confidentiality: The agent must keep confidential any information given to her by her client, especially information that may be damaging to the client in a negotiation.Disclosure: The agent must disclose to the client any information she receives that may benefit the client’s position in a negotiation.Loyalty: The agent owes undivided loyalty to the client and puts the client’s interests above her own.Obedience: The agent must obey all lawful orders that the client gives her.
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6 August 2024 | 28 replies
Starting with smaller properties may give you vital experience and position you for success.Good luck!
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4 August 2024 | 5 replies
Keeping each LLC’s financials distinct helps prevent this risk.Insurance: Having adequate insurance coverage for each property and ensuring it aligns with the LLC structure can also be a vital component of risk management.Legal Counsel: Regularly consult with your real estate attorney to ensure your structure and practices align with your protective strategy.In conclusion, while running everything through your holding company might simplify bookkeeping initially, consider long-term implications and ensure you are safeguarding each property and your overall investment effectively.
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31 July 2024 | 7 replies
I was also active duty and invested in Germany.
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5 August 2024 | 21 replies
Mostly the manager is phone duty to keep them from calling us all the time.