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11 September 2016 | 5 replies
I think an elegant execution is the best strategy to lure in the better properties, unless you are interested in the low end properties, which do have their own merits.
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9 September 2015 | 1 reply
I need a contract that i can send out to the seller to review to make this deal happen.Anyone know of any agreement that i can send over to the seller for review and execution?
13 September 2015 | 1 reply
I'm an executive specializing in small business operations, and a complete novice regarding real estate.
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14 September 2015 | 7 replies
She doesn't want to pay the property taxes and did not want to jump to any hoops of transferring the property to her name even though the father had left a will letting her make all the executive decision of any properties he own.
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1 October 2015 | 42 replies
The challenge is in the execution risk (the PM, ability to stabilize, avoiding an errantly bad property purchase, etc).
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22 September 2015 | 8 replies
Here's his response:Michigan law defines real estate broker broadlyReal estate broker” means an individual, sole proprietorship, partnership, association, corporation, common law trust, or a combination of those entities who with intent to collect or receive a fee, compensation, or valuable consideration, sells or offers for sale, buys or offers to buy, provides or offers to provide market analyses, lists or offers or attempts to list, or negotiates the purchase or sale or exchange or mortgage of real estate, or negotiates for the construction of a building on real estate; who leases or offers or rents or offers for rent real estate or the improvements on the real estate for others, as a whole or partial vocation; who engages in property management as a whole or partial vocation; who sells or offers for sale, buys or offers to buy, leases or offers to lease, or negotiates the purchase or sale or exchange of a business, business opportunity, or the goodwill of an existing business for others; or who, as owner or otherwise, engages in the sale of real estate as a principal vocationMCLS § 339.2501The exemptions are pretty limited:This article does not apply to an individual, partnership, association, or corporation, who as owner or lessor or as attorney-in-fact acting under a duly executed and recorded power of attorney from the owner or lessor, or who has been appointed by a court, performs an act as a real estate broker or real estate salesperson with reference to property owned by it, unless performed as a principal vocation not through a licensed real estate brokerMCLS § 339.2503Essentially, if you are performing these services as a primary part of your occupation, Michigan law requires you to be licensed.
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13 September 2015 | 0 replies
Hello,What is an 'Execution Sale' at an Auction?
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3 October 2015 | 31 replies
I'm often joke around with my friends and say I'm 100% American, however; I will never discriminate...
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19 September 2015 | 0 replies
I really get the big picture on how a deal is structured and executed but my question is, what properties do i need to look for?
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20 September 2015 | 0 replies
As long as there is a reasonable expectation of a short-term influx of money and collateral to secure the loan, bridge loan funders are typically willing to work with people who need money fast.In the case of an unsold home, these loans can serve as the perfect vehicles to execute the contract on a new home purchase.