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3 January 2015 | 17 replies
I don't think you want to become a broker, I wouldn't, with the required paper work, admin, record retentions,etc, let alone if you start hiring agents, and have 5-10 walking liabilities running do who knows what.Perhaps the simplest solution would be find a broker who works as a "transaction fee" broker: one who doesn't necessarily take a percentage of the commission but a flat fee per transaction; typically say a $350 brokerage fee and something like a $250 'record retention" fee (which is typical here-paid by the client or otherwise eaten by the agent.
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13 January 2015 | 7 replies
You can’t receive the cash or it will spoil the 1031 treatment.
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4 December 2013 | 30 replies
Always sure for solutions and don't dwell on the problems that will arise.
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5 January 2014 | 8 replies
I agree with Wayne.Quiet Title could be an issue since it won't be all that "quiet" if the people that need to sign stuff are alive and well and already know there is an issue.The obvious solution is to have the same title insurer that wrote your policy write the one for the buyer.
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9 July 2017 | 68 replies
But there is an easy solution to the upfront cash problem if you have a good credit rating.
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30 July 2015 | 7 replies
So it is a busy season... contractors often don't return calls. you book appointments with them and they never show up , or show up gives a bid and then say they actually booked...I have two properties in Kansas City right now that needs exterior and interior paint job.its about 4000-4500 budget for eachI purchase all paintfinally two contractors bid and ready to do it but insist on getting 1000 to 2000 upfront for each property before they start .I am not too excited paying someone I dont know those amounts.can any of you who are experience in rehabs have a creative solution not to losethose contractors but reduce the risk?
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3 August 2015 | 13 replies
Hard for me to say that, but I'm getting deals, and I'm not sure how to sell them... freeks me out so much I have to work really hard finding solutions.
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15 April 2017 | 7 replies
Do people know that you are in the business of solving problems, and providing solutions for difficult properties & situations?
28 December 2019 | 1 reply
Cancer is an uncontrolled division of abnormal cells in the different parts of our body. It is also known as malignant tumor or malignant neoplasm. All tumors do not spread cancer as benign tumors do not spread to the...
20 August 2015 | 0 replies
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