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25 February 2014 | 33 replies
http://www.biggerpockets.com/renewsblog/2014/02/18/reduce-risk-investing-in-syndicates-and-funds/It seems turnkey benefits over syndication are:Direct ownership of titleEasy to find as these things are marketed to a high degreeLock in low rates with Fannie financingEasy to understand asset - housesHowever, syndicates benefits over turnkey are:Alignment with sponsor through promote (if structured correctly)Much easier to diversify across product types and geographyNo real management responsibilities (i.e. much more passive) vs. turnkey Ability with the crowdfunding sites to invest in smaller increments ($10k)A turnkey is likely to be in the hole from the beginning (it is at retail and you are going to have selling costs of 8-10% so you need 8-10% appreciation just to get your money out even though you can sell whenever you want vs. a syndicate).No liability vs. a direct owned asset like a turnkey property.I personally favor syndicates much more (although it can be tough to find appropriate vehicles), but do people just like owning something that much or are houses just that attractive to people, because they are easier to understand?
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28 February 2014 | 26 replies
The rest of the forums are to facilitate discussions, rather than promote business.
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14 February 2016 | 50 replies
I located some more of late:NexregenCrowdbaronCollapertyFquareOpenAvenueGloberexCrowdTrancheGroundFloor FinanceSequorumHere are my thoughts on the ones I have interacted with thus far as a promoter:1.
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24 February 2014 | 3 replies
There is a marketing section available on this forum to promote products.
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25 February 2014 | 8 replies
Lastly, I took back a few properties a few years back in my volatile markets that I was ok selling on the cheap because my health at the time didn't justify the energy to rehab and retail them to non-existent buyers.All lead to reasons why you can only establish a criteria as a buyer and try to stay within it.
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25 February 2014 | 8 replies
Hi @ art warren. welcome to bp where i have found a wealth of information and tips thru the podcast and many of the conversations in the posts. i too have a full time job in the federal criminal justice field and enjoy rehabs, upgrades, etc on homes. and i also know several guys who work for at bush int airport parttime for the flight and health benefits and held down a full time job working with me at the post office on the north side many years ago. now i am kicking myself for not doing the same back then or else i would also be retiring from continental/united also. well good luck and see you in another post.
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3 March 2014 | 29 replies
Marie Poe you stated that the lender would not receive any points or interest if you paid off prior to 90 days that I have never heard of.The point of that story was that no one had heard of such a thing, including the lender who had it in his promotional materials for 30 years.
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25 February 2014 | 25 replies
As used in this chapter: (A) "Real estate broker" includes any person, partnership, association, limited liability company, limited liability partnership, or corporation, foreign or domestic, who for another, whether pursuant to a power of attorney or otherwise, and who for a fee, commission, or other valuable consideration, or with the intention, or in the expectation, or upon the promise of receiving or collecting a fee, commission, or other valuable consideration does any of the following: (1) Sells, exchanges, purchases, rents, or leases, or negotiates the sale, exchange, purchase, rental, or leasing of any real estate; (2) Offers, attempts, or agrees to negotiate the sale, exchange, purchase, rental, or leasing of any real estate; (3) Lists, or offers, attempts, or agrees to list, or auctions, or offers, attempts, or agrees to auction, any real estate; (4) Buys or offers to buy, sells or offers to sell, or otherwise deals in options on real estate; (5) Operates, manages, or rents, or offers or attempts to operate, manage, or rent, other than as custodian, caretaker, or janitor, any building or portions of buildings to the public as tenants; (6) Advertises or holds self out as engaged in the business of selling, exchanging, purchasing, renting, or leasing real estate; (7) Directs or assists in the procuring of prospects or the negotiation of any transaction, other than mortgage financing, which does or is calculated to result in the sale, exchange, leasing, or renting of any real estate; (8) Is engaged in the business of charging an advance fee or contracting for collection of a fee in connection with any contract whereby the broker undertakes primarily to promote the sale, exchange, purchase, rental, or leasing of real estate through its listing in a publication issued primarily for such purpose, or for referral of information concerning such real estate to brokers, or both, except that this division does not apply to a publisher of listings or compilations of sales of real estate by their owners; (9) Collects rental information for purposes of referring prospective tenants to rental units or locations of such units and charges the prospective tenants a fee.
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9 December 2015 | 22 replies
Then the dealer has good will of supporting the non-profit, they can put that in an ad (which also promotes the corp.)
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3 March 2014 | 25 replies
Either with the turnkey providers themselves or with turnkey promoters.