
16 July 2012 | 22 replies
I was asking because I am new at this and don't know a whole lot.

10 July 2012 | 9 replies
I think I could have sold tires and been successful, maybe not as successful as in RE, but RE was not the key to success, simply a means to make money, for me it was (is) easy money, but I enjoyed my business, my contributions and assisting others who wanted to achieve something.

15 July 2012 | 16 replies
Then your whole team breaks down.

12 August 2012 | 19 replies
They have it available as a free podcast, if you want to hear what was discussed:http://www.thenorrisgroup.com/blog/category/radio/I admit, I didn't quite understand the whole concept, but it sounds like the wheels are already in motion.

11 July 2012 | 13 replies
Yet, on the outside perimeter of the building, there were glass windows around the whole thing, looking into their lunchroom, the directors office, and the cashiers office.

12 July 2012 | 3 replies
Considering each return is 25 pages, was wondering if you all bring in the whole works or just some certain pages.

12 July 2012 | 11 replies
However; for the economy as a whole, I think it's going to get worse before it gets better.

8 August 2012 | 13 replies
A big problem I see is people exchanging trying to use their attorney or real estate broker to hold the funds.With a few exceptions all of these are considered disqualified parties:A close family member or a controlled corporation,partnership,or trust.OREmployee,attorney accountant,investment banker or broker,real estate agent or broker.If you use these people you can get disqualified from the exchange and create a taxable event.You have to use a proper QI or years later you can get a nice surprise from the IRS.Some clients have asked me and I tell them they need to place the funds and the whole process with a proper QI.No legal advice

14 July 2012 | 15 replies
It doesn't sound "illegal" but this whole thing with a "mentor" taking a $2000 fee and then his wife also being the seller making a profit without disclosure leaves a little bit of a bad taste in my mouth.There are probably many who would argue that by being in the hard money business, I'm the pot calling the kettle black.

16 July 2012 | 8 replies
If you have a junk offer with junk terms it's better many times to reduce the price a little and try to do a regular deal.With owner finance the seller still has to worry about the property,that you will file BK,that your LLC will file BK,that you will leave the property in worse shape then when they sold it to you,and a whole host of other scenarious like that.