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6 October 2024 | 8 replies
If you are speaking of seller concessions (IPC's Interested Party Contributions), they are typically limited to 2-6%.
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4 October 2024 | 8 replies
This is tough because of all the parties it involves.
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4 October 2024 | 3 replies
Funny enough, I ended up renting the property to 2 different parties this summer, both of which commented that it was exceptional value for the price point.
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5 October 2024 | 6 replies
LCC as a basic pass through and limited partnerships depending on equity arrangements and profit share of the parties add that extra level of flexibility and not needing to split potential individual partner costs or liabilities.
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11 October 2024 | 40 replies
I was coming into the program as a complete novice in this investment niche and real-estate for the most part. I
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7 October 2024 | 16 replies
Depends on the contract language, but under typical language the seller is obligated to the sale if all contract terms have been met, and the jilted buyer can usually get a legal block prohibiting the sale to another party.
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4 October 2024 | 9 replies
@Abigail Lipson if you move forward, be sure to execute a Partnership Agreement spelling out how does what, penalties for not doing those things and what happens when one party wants out (or dies/incapacitated) and the other doesn't.
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6 October 2024 | 12 replies
When things go south, you'll lose the business and the relationship.If you decide to move forward, I recommend you talk to an attorney and develop a strong partnership agreement that protects all parties, gives everyone a way to exit, etc.
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20 October 2024 | 147 replies
The production and reviews are all there and they can not be fake.Final take - they guy who shows up late to the party wearing a bag over his head to hide his identity and is scared to record on Zoom when everyone can watch is the one out of touch.
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5 October 2024 | 19 replies
Its always been illegal from the state regulators view it violates the Real estate sales laws of brokering RE with no license.. the definition of brokering RE is to bring two parties together for compensation exactly what wholesalers do.. but without a valid license or listing agreement.