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1 February 2019 | 14 replies
I am getting confused...Please correct me if I am wrong but my understanding was:A warranty deed is a deed where the prior owner states to the new owner he has a bundle of right and transfers it to the new owner.A quit claim deed, is a deed where the prior owner just states that he transfers his rights of the property without claiming that he has any.In the first case, you can sue the prior owner if some rights are later found not valid, in the second case you can't as no statement of ownership of any rights was made.The title insurance is independent of the deed.
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4 February 2019 | 11 replies
However, if you want to go this route, and don't have the same level of trust, you can always set up a small escrow account with an independent third party (such as an attorney).
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7 February 2019 | 6 replies
First year, i was at a independent brokerage as a part time agent and i felt so lost in the business.
30 January 2019 | 8 replies
I'm a real estate agent/independent contractor for a large brokerage, right now.
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12 October 2021 | 10 replies
You're either an employee getting a W-2, or an independent contractor getting a 1099.
31 January 2019 | 5 replies
The underwriter would probably also want an attorney or CPA to independently verify in writing that this happened and is the current structure.
1 March 2019 | 10 replies
Here are the things that I would look at with each to weed out the ones that my not have your best interest in mind.In general, the ones to avoid are the ones that: Don't allow financing or a finance contingency (it can be a good indication they are selling above market value)Don't allow for your own independent property inspectionAre not realistic with their pro forma's (i.e. they don't include vacancy or maintenance projections or use unrealistically low vacancy factors)Require you to pay for any renovation upfrontSell only in cheap. low end neighborhoodsDon't accurately represent the neighborhood/property classificationDon't have consistent rehab standards for all properties
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4 February 2019 | 4 replies
Don't share what value you're looking to get to as they should still be coming up with an independent assessment.
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2 February 2019 | 4 replies
You will find a ton of useful information to help you with your foray into real estate investing.See here for the Guides: BP GuidesSee here for the FREE video series: The Financial Independence BlueprintSee here for the blog: The BiggerPockets BlogSearch MeetUp.com for local meetups.
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4 February 2019 | 47 replies
Cuz it's not about real estate style it's about becoming financially independent and that is the big sell to spouses as well as the kids your whole family unit.