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19 September 2024 | 0 replies
We need to find the owner a place to rent before executing the agreement.
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23 September 2024 | 6 replies
The following is in my purchase agreement and I alway get a MOC on all purchases MEMORANDUM OF CONTRACT RECORDABLE, PERSONS BOUND AND NOTICE: Buyer may cause to be recorded, at Buyer's option and expense, in the public records of the county in which the property is located, an executed Memorandum of Contract.
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23 September 2024 | 12 replies
Meanwhile most who obsess over entity formation fail to carry proper insurance, work with unlicensed and uninsured contractors, fail to execute contracts, can't explain the difference between being listed as additional insured and certificate holder or request to be listed as additional insured on vendors insurance policies etc.
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21 September 2024 | 7 replies
A rule of thumb I use to advise my clients is: 1) the loan guarantee is worth 20-25% of the deal, 2) finding and vetting the deal is worth 25%, 3) executing the business plan for the property is worth 25% (i.e., overseeing contractors/property managers, etc.), and 4) contributing the money is worth 25-30%.
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24 September 2024 | 13 replies
They will be able to guide you through setting up financing, creating an investment plan, getting subs set up, and creating an execution plan.A good investor focused Realtor should be able to guide you on what markets you can afford, help you focus on your personal risk tolerance, and find a property that fits your skill set and financial goals.The more educated you are as an investor the better, but the right Realtor is going to unlock a wealth of information that is going to super charge your knowledge of investing, and help expediate your plan.
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21 September 2024 | 3 replies
They are the last person you want to tell that you are executing a wrap.
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21 September 2024 | 1 reply
With that said, there have been more realistic seller expectations to the tune of significantly reduced purchase prices both pre and post executed agreements.
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21 September 2024 | 0 replies
To me, this is one of those short-term deals where the actual rehab costs need to closely align with the borrower's estimates, while the execution of the project from beginning to end would require little to no problems or delays for everyone to earn a decent check.
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21 September 2024 | 14 replies
Look for the Certified Cost Segregation Professional (CCSP) designation, which indicates certification by the American Society of Cost Segregation Professionals (ASCSP).
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24 September 2024 | 49 replies
The Federal Americans with Disabilities Act and the Federal Fair Housing Act approach the topic differently and cover different segments of the community.