Account Closed
Why So Called Wholesaling is not an sustainable business model
4 November 2022 | 84 replies
You all WANT to think that wholesaling is the magic pill you take when you have no money but you want to be rich and famous with your lambo and travel the world with half naked voluptuous baby rabbits!
Michael K Gallagher
420 Friendly Vacation Rentals
25 April 2023 | 38 replies
Because of its potency and low cost, drug dealers have been mixing fentanyl with other drugs including heroin, methamphetamine, counterfeit pills, cocaine, or crack, increasing the likelihood of a fatal interaction.Family sues Airbnb after 19-month-old dies of fentanyl toxicity during stay in Florida rentalEnora Lavenir died Aug. 7, 2021, one day after her family checked into an Airbnb rental https://www.nbcnews.com/news/u...
Account Closed
Step by Step Subject to Existing Loan
30 April 2017 | 26 replies
Account Closed : Another reason to take a close look at the note and dot ... take a look at Q&A 5 at Due on Sale in Both Note and DOT, if the DOS clause isn't specifically stated in BOTH the note and dot it is unenforceable ... wouldn't that be a big pill for the quick on the DOS trigger lender to swallow.
Stephen James
Land trust professionals
4 January 2011 | 36 replies
Randy Advantages of Using a Revocable Land Trust 1.Avoids property being probated (out of court transfer upon death of beneficiary) 2.Ease of Transferability 3.Judgments do not attach to the property 4.No Partition (avoids spouse’s “forced share†sale buyout upon divorce) 5.Easier management with multiple owners (multiple owners do not have to sign docs) 6.No costs upon transferring beneficiary 7.No registered agent needed 8.Legal and Equitable property interest in trustee’s name 9.Income and Expense conduit, not a business with tax consequences 10.No tax return to file (pass thru entity) 11.Trustee has no personal liability 12.No annual fees like other entities, if trustee is an individual or friend 13.Estate planning – successor beneficiaries 14.Less expense in grantor creating trust over entity 15.Avoids the due on sale clause 16.Privacy of ownership – Helps Avoid Identity Theft of your name 17.Keep sales price private 18.Able to fracture interests of multiple owners w/o being partners 19.Ease of linkage to other asset protection entities 20.Non-judicial repossessions of real estate sold on installment contract 21.1099 not required for transfers (personal property not subject to real estate regulations) 22.Ease of operating across state lines 23.Ability to insert poison pills 24.Lots of case law to support land trust law 25.Many attorneys do not study this section of the law – not profitable for them 26.No recordation of the Trust Agreement 27.To avoid “seasoning†problems (secondary market rules of ownership) 28.To save title insurance premiums (Trustee-insured-remains the same) 29.Good negotiating technique in the sale or purchase of property (Disney World used trusts to acquire land prior to construction to avoid price escalation) 30.To provide non-recourse financing 31.Lowering of real estate taxes (prevents re-assessment) 32.Avoids state regulations that apply to corporations and LLC’s As you can see, Land Trusts are a wonderful tool for you to hide your assets, avoid real estate tax increases, privatize your sales transactions, avoid probate and use for many other benefits.
Owen Dashner
Grossest Bathroom Award
25 October 2018 | 16 replies
There were also pills, syringes and probably 100 used Q Tips laying around - it's obviously important to keep your ears clean when listening for the cops.
Joseph Lee
Prospective Tenant Showed Up Under the Influence
30 December 2016 | 16 replies
In regards to medical marijuana - in MN I believe the only medical marijuana is used via a nebulizer or a pill, it isn't smoked conventionally.
Jennifer Rysdam
Can I deny based on my husband's experience with people's kids?
22 May 2017 | 18 replies
The girl was fine, but the two little boys acted like they were on hyper sugar caffeine pills.
Tony H.
Should I go visit my rental unit?
3 January 2018 | 20 replies
Blind trust I suppose is a good sleeping pill the problem is in the end you have more damage to attempt to get out of your tenants than if you bill as you go along.
Andrey Y.
How to determine how many investment properties to buy
9 March 2015 | 277 replies
Psst, take the blue pill.