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18 July 2016 | 19 replies
If you are tied up with note investing, while certainly a great way to invest, you will toast from a tax perspective.I know a few note investors who pay more in taxes than your mid-range CEO makes in compensation and can't protect themselves.
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30 May 2016 | 11 replies
I would check with FLA real estate commission about that.. there have been threads on BP from credible FLA agents who say that you do need a license if your not going to take title then resell.and that FLA is cracking down on the activity.. now of course that does not mean those that engage in this and should be licensed will ever stop until they get Nasty gram's from the state I guess Ohio is cracking down. and most states have it in their statue's that you must be licensed if you expect or are compensated for putting a buyer and seller together.NOw you will get all the guys with the equitable interest debates going on .. its really up to you to figure it out.
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6 January 2018 | 3 replies
it is not legal to "wholesale" a property in Oregon if that activity involves collecting a compensation fee for a property you don't own.My recommendation is to always get the license - it allows you to do so much anyways lol.I did it more for education initially and to learn how to find distressed properties though now use it in all sorts of ways.In 2018, my fixed costs...
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8 January 2018 | 12 replies
There is just no advantage to notifying them ahead of time.Showings can be a major inconvenience, so I would recommend trying to limit showings or offering a discount on rent to compensate them for their inconvenience.
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27 August 2020 | 8 replies
Most, not all, require that you either have a Real Estate and/or Brokers License to manage and receive compensation for others in PM.
1 August 2016 | 7 replies
My credit is excellent and as an IT Contractor I'm well compensated.
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18 November 2016 | 13 replies
The payment of this fee shall not limit, offset or be deemed to compensate Landlord for any pet related damages that may occur during the term of the Lease.
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10 August 2017 | 8 replies
They have higher risk, so the return must compensate for that risk.
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3 January 2016 | 2 replies
It is often easier to say that you'll coordinate things and not charge a commission, that your offer compensates for any commission that would otherwise be due.
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23 December 2016 | 8 replies
Get a good legal adviser w/experience in business partnerships.You can also reward yourself more in the deal through taking asset management fee assuming you are hiring a property manager and that fee would help compensate you for oversight and implementation of the business plan.