For example, the state of Kentucky penalizes engaging in real estate brokering without a license for the first time as a misdemeanor offense, while any subsequent acts are charged as felonies.

When we used to do condo conversions in mediocre neighborhoods I would install alarms at the beginning of the job for security and include a 2 year contract as part of the sales price...Let me know if you want any more anti-trespassing techniques...ha ha Curtis...Honestly, unless they start a fire or draw grafitti, etc. there's not much more they could do to mess up this house before closing.

It boils down to getting the soviets to spend more money than they could afford on their military, which ultimately resulted in their going bankrupt.Reagan had to increase U.S. military spending to do this, and his plan was to drastically cut military spending once we "won" the cold war...problem is, the subsequent Presidents never quite embraced the second part of that strategy.So, here we are using Reagan's (very effective) strategy against ourselves...Everyone likes to complain that this country has ridiculous debt and is on the verge of insolvency...some here have even indicated that our economic problems are the greatest threat to this nation.Maybe I'm missing something, but if spending is the greatest threat to this nation, wouldn't common sense tell us to focus on reducing what is unarguably the largest ongoing expense this nation faces -- our military?

And without providing the GC detailed architectural drawings and details about the finishings, most GCs would realize that the investor isn't serious.If you don't already have designs, I would suggest talking to some local home-builders in the area, who can likely give you an idea of per-square-foot prices on different types of construction and design.

You probably won't have a problem if everything goes smoothly because no one thinks about the contract, but you can bet people look over the contract in great detail if there is a problem.It's better to spend the money to speak with an attorney and have him draw up contracts for you to CYA.

The kid will draw a big picture on the wall of you grinning walking out of the bank...

Together with my colleagues, raise the maximum funds per our operating agreement for the present investment Fund; close it to new investors & then form subsequent Funds, meeting our fund-raising goals with each!

and post about the strategy it involves drawing on a LOC instead of writing checks.

So the type of ad and where to advertise should be different if you want results.A very visible sign on the property will draw any buyers that are looking in that area already.

They may or may not allow you to view info about themselves so you can start to draw an opinion of the quality of the potential tenant.