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9 July 2012 | 0 replies
Many of our rehabber clients have had success in 2012, while others have had varying success.
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28 July 2012 | 7 replies
We have been speaking with this "client" for a month and they are motivated.Thanks
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30 November 2012 | 6 replies
Obrien Law Firm here in Charlotte NC insulted my client verbally over the phone, FAILED to send title work after being requested 2 times, would not respond to emails or phone calls and did NOT represent their buyer client at all in a recent transaction.
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28 September 2012 | 6 replies
I have some foreign national clients who have used it to get developments off the ground.
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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
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15 July 2012 | 2 replies
I was doing some reading and learning and have come to a conclusion that maybe my best bet would be to sell on a Land Contract gather what I can from those down payments and possibly create just a little bit more cashflow and use it to put down on an actual cashflowing property.
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16 July 2012 | 8 replies
I believe real estate agents are bound to submit formal offers to all their clients.
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29 July 2012 | 19 replies
I gathered bids for them, some were people I use, and some were various recommendations from the members.
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14 August 2012 | 31 replies
That form is voluntary, and the rest of the information requested on it is just the assessor trying to gather information to which he isn't entitled.
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6 August 2012 | 17 replies
Usually buyers (including my clients) get excited about buying something.I tell them it is best to be prudent and wait for the right deal than to buy into marginal or loser deals where their money is now trapped into a bad investment.Take away the urge to just throw money into something and put it to the work and instead invest wisely and be patient.