27 November 2018 | 0 replies
I have bought properties many times with this method so I’m not looking for an explanation etc PLEASE.The thing that concerned me was the owner of the Note/ Deed OF Trust is a company that I didn’t recognize called MSE SUB I, LLC.
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6 December 2018 | 8 replies
This is a very basic explanation and again your contract should spell this out.The buyer would get their EMD back, and no realtors would get commission as the deal fell apart not different than any other reason a deal can fall apart.With all that said, CA may have different rules/laws.
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3 December 2018 | 23 replies
Arrangements like the one you suggest (where the agent gets a share of the revenue or an equity split) are way outside the norm, and outside the scope of a listing agreement - you'd likely need an attorney to draft such a partnership or JV, you may need affiliated business disclosures and other documents to comply with numerous federal laws, and these are not deals a real estate agent can necessarily enter into without their broker's awareness and consent.
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30 November 2018 | 6 replies
This will virtually always eliminate the section 8 tenant.In summary, I suspect there are numerous ways other than source of income to not select section 8 including having high end units with rents higher than FMR, using move-in date as a criteria, etc.Good luck
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1 December 2018 | 18 replies
From there the amount is diminished until you reach 150k in income at which point you lose the ability to write off real estate investment losses against your income taxes.I went over this example numerous times before posting the question as I wanted to try and get my facts straight.
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14 December 2018 | 16 replies
Listen to numerous podcast and attend REIA meetings.
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1 December 2018 | 23 replies
It may be that one buyer is known to reliably close, or will reliably work with the seller on their 1031, or numerous other things.
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1 December 2018 | 4 replies
And they do not like entity changes immediately prior to sale and 1031 in general.But there's still an answer that we've used numerous times with clients.
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1 December 2018 | 11 replies
This avoids those numerous calls.
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11 December 2018 | 85 replies
All those guys you listed, I know what they have, and their protection systems and all the numerous LLC and trust up to their eyeballs and self negotiated insurance plans, and have primary residence is asset protection friendly states and a full legal team, etc.