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28 October 2011 | 7 replies
ANY agent or associate broker real estate activity has to be ran through the principal brokerage.At least it's this way in my state.You will get companies who try to not disclose involvement or only say they have a small involvement in an LLC etc.The bottom line is there MUST be disclosure that the agent has an interest in the group wholesaling.In our state the reason is we must disclose to the seller we have an interest because we are considered more well trained in negotiations than a traditional buyer.Also you can be disclosing an undisclosed fiduciary duty to another party in the transaction the seller doesn't know about.Example if the buyer is my family,business partner etc.
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31 October 2011 | 3 replies
Generally you can meet with a local MLS association to get any public data they report.
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31 October 2011 | 6 replies
Yes, I am doing both, but I'm placing far less capital towards debt, which should get paid off just fine if and when inflation rears its ugly head, and allocating the majority towards financing at these super-low rates.
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25 November 2011 | 27 replies
The court acknowledged that the plaintiff’s evidence portended some indicia of control by the member over the LLC but pointed to a dearth of evidence with respect to most of the factors listed above.Westmoreland Associates, LLC v.
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10 November 2011 | 8 replies
That's the biggest challenge I have found in mortgaging such low priced real estate - high (relative to purchase price)entry fees associated with traditional lending even if the APR is low.
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2 November 2011 | 24 replies
Jason - We migrated to real names well over a year ago and did so with plenty of heads up in the weekly BP newsletter and elsewhere.NOTE: There are a few people who aren't seeing their images at the moment because we're working on a switch to a system that is speedier in loading things on the site.
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10 November 2011 | 3 replies
Four state associations are seriously considering forming captive finance companies for their smaller members to offset the cost of getting legal and compliant when seller financing homes.You might want to talk to the association in your state to see if they are considering this, or in the process of setting it up.
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2 July 2012 | 11 replies
Hello everyone, I have been lurking around here for a few weeks as I try to put my head around my future as a landlord.
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11 November 2011 | 5 replies
Why are you beating your head against the wall to get the seller to admit there were claims?
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9 November 2011 | 8 replies
Like I mentioned earlier the dollar is going to continue to lose its value, as such, all the costs associated with buidling a house - labor and building materials will go up, thus boosting the median price which acts as another inflation hedge.