Sarah Jones
Realtor Issues - How to not pay them.
16 May 2012 | 46 replies
Another thing is that a sub-2 deal does not qualify for a sale under a standard listing agreement, sale means finding a willing and able buyer to buy and pass good title at settlement, a sub-2 or an installment arrangement is not a sale until the contract is fulfilled, at the end which could be 2/3/5 years away.
Matt Whiteside
Is this fraud?
3 August 2010 | 12 replies
B won't deal with A any longer if A did push it.When you hear about these cases paying off is when a seller terminates a contract and turns around and sells to a buyer who was shown the property by the agent that was cut out or was the procuring cause of the sale.This clause in a listing agreement is there to protect the listing agent and broker in those cases, not as a punishment to get even with a seller who was informed by his sister-in-law that she could do the listing on a co-broke arrangement with one of her buddies who is in the area.
Pat Sheldon
ROBS
14 February 2015 | 19 replies
This type of arrangement benefits you personally, but does not benefit your IRA; the purpose any IRA investment should be to benefit the IRA.
Paul Sverdlin
How Property Managers find new Tenants? Showing empty units take so much time!
9 October 2023 | 21 replies
They take calls, post ads, arrange showing times with existing tenants who are leaving (when they gave proper notice, but still reside in the unit), collect applications, answer a ton of questions, do paperwork, hand over the keys.....
Terry Lao
Seattle, San Jose, or Las Vegas - Hottest 3 markets
5 July 2018 | 43 replies
The casino host cannot refuse the big player request and have to get a limo immediately and get all the arrangement to take the big gambler to Excalibu_x.
Tyler Brown
Do you have a system for investing out of state?
11 September 2015 | 34 replies
I've read about a few people that arrange for Skype walk-throughs of the properties and never even visit them in person.How do you get a feel for the neighborhood?
Cailyn Aune
Can you deduct expenses without an LLC?
22 March 2016 | 17 replies
All of those we put into LLCs, but it was as much for the contractual arrangement between members embedded in the LLC operating agreement, with liability protection as an added benefit.
Josiah Mosley
House hacking
4 June 2015 | 22 replies
Hi Dawn,It is the opinion of many here at BP that due to Dodd Frank and the Safe Act, rent credits constitute a "financing arrangement" and require a RMLO to underwrite the buyer.It is prudent not to include rent credits subtracted from either purchase price or down payment.What can be done is a rent credit to be used as a seller's concession toward closing costs.Landlord/Optionor agrees that upon exercise of the option, Landlord/Optionor shall contribute $_______________to be applied towards funds to close (Seller Concession) to the Tenant/Optionee if and only if the option is exercised.
M Shah
Rent by room in Greater Seattle area
6 January 2021 | 2 replies
Some ideas: 1) put mini fridge, desk, chair, wardrobe, bed in each room. 2) Buy all common stuff such as toiletries, kitchen utensils, cleaning stuff.Cleaning: Arrange cleaning service twice a month at landlord's expense, this not only keeps the house in great condition but also can be leveraged to inspect the house.Laws: City of Seattle allows upto 8 unrelated persons in a SFH, so does Redmond and Bothell.
Xueling Xu
seller financing in San Antonio, TX
24 October 2023 | 5 replies
I'm working on a deal now for a seller finance arrangement for a client that really doesn't pencil out after a relatively short lowered interest rate offered by the seller.