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30 August 2019 | 8 replies
Im constantly replacing them.And a Filter?
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3 September 2019 | 9 replies
@Kim WestNot sure if I agree to setup a joint LLC on your first deal.
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2 September 2019 | 8 replies
But for SFR that all these people across the country buy no way no how would I personally want to do that.. too many individual owners to be constantly dealing with..
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23 March 2011 | 11 replies
I too am a long time addict and my constant involvment and activity on this site is one of the reasons I am successful.
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12 January 2012 | 15 replies
I am thinking of mailing to those recently going through divorce who need to sell joint assets.
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5 April 2011 | 9 replies
If it was held jointly, his half would have transferred per his deed.
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13 April 2011 | 13 replies
GAMLS you have to pay an ongoing fee for instead of when a sale occurs like FMLS.With FMLS you still have to hit yearly minimum brokerage sales numbers or get hit with a big fee.What I learned from that experience is that many agents have a sense of entitlement.I would find that maybe only 20% to 30% of the agents would have a closing that month.So to scale this if I had 100 agents you might have 6,000 to 9,000 a month gross coming in.For that though it is a major headache.Many agents are part-time and rusty or an investor wants to run a hair brained scheme.My favorite is a new agent that just left a 50/50 brokerage that has almost zero training and wants to join my firm.They would want you to train them and spend hours and hours for a 300 trans fee.I am not even mentioning the amount of paperwork you have.Agents not keeping up with education requirements,not paying license fees and getting a lapsed license,getting a suspended license for child support, government loans,etc.Getting IRS orders to take any commission your agent gets and pay to them etc.I now have about 18 agents and haven't taken anymore for over a year.I do way better and make more working my own deals.Paperwork and headaches are less and I don't babysit have to constantly watch agents anymore.I would say it's good to have the brokerage license just don't add any agents unless you keep it small and they agree to a fat commission split for your time invested.If they him and haw kick them to the curb!!
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17 April 2011 | 5 replies
If his doctors will not fill out the forms, for instance, it's because they don't agree with him that he fits the criteria for being disabled and not able to work.If he loved you, he would insist on you being on the deed, as a joint tenant with rights of survivorship (JTWROS).
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14 April 2011 | 16 replies
I am extremely determined and passionate about RE and am constantly learning.
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15 April 2011 | 9 replies
Sorry I didn't clarify MAX,I meant we might be leanin towards a joint venture for the first couple rehabs so everyone would receive a % of the profits.