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30 December 2014 | 15 replies
There may language limiting the length of that liability but your buyer will find himself in trouble if he fails to pay the realtor, likely you would get dragged into the discussion/lawsuit as well.Breaking a contract is just plain bad for your reputation, don't go there.If the seller really wants to sell but can't afford the commission then he needs to negotiate a deal with his realtor, maybe a flat fee of $x,000, just depends on how much the seller has left to cover the expenses.If you are going to flip the property you might promise the selling agent to use him when you list it so he gets paid then and he can see something in it for his effort.
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24 September 2018 | 85 replies
Use a reputable company
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3 January 2015 | 17 replies
I consulted with my Real Estate Attorney (a very reputable and knowledgeable real estate attorney with many years experience and the owner of a title company) The recording at the actual value is not in question as that is a 100% completely legal action.
8 January 2015 | 18 replies
Even reputable businesses that help with this kind of investing now could end up unintentionally steering you wrong, blowing the whole IRA out, leaving the property in limbo and all sort of other legal issues.Management and other fees of the self-directed IRA, the IRA entity, etc.Slower access to funds – everything has to get vetted thoroughly before any money can move.A traditional IRA is simply tax-deferred – so not paying taxes now on $150k means paying taxes later on (hopefully) a lot more money.
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22 January 2015 | 4 replies
He has done some cosmetic and mechanical rehab on the properties already, and the seller has an outstanding reputation in the BP community and investor community.
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7 May 2015 | 16 replies
This kind of work is not cheap but they're reputable companies that won't take advantage of you.
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30 April 2015 | 11 replies
I like to work with somebody with a known reputation of integrity.I'm a pretty active investor, as are you, and have never heard of this magazine.
23 January 2015 | 2 replies
Comparable houses in the area rent for about $5000/month, and this is about what our mortgage + property taxes come to, so this wouldn't really be an investment-type property.The idea of being a landlord makes me nervous and I don't know how to go about finding a reputable property management company.
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28 January 2015 | 11 replies
Thanks for the help guys@Bill G. undefinedWell, thought I recognized Joe's name, I guess he's a guru, don't know his materials, but I do know that anyone that pumps rent-to-own deals are not going be on my list of reputable investors.
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24 January 2015 | 1 reply
Either way I would really like to chat things over with a reputable Real estate agent or someone who could help.If that's you, or you could recommend someone would be very grateful if you could chime in or contact me.thanks