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29 July 2016 | 18 replies
As for when I do get started, I plan on using an agent, contractors(ones that have a proven record), a property manager, a lawyer(my best friend's dad is a lawyer who has experience in real estate), and a property manager also.
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11 December 2016 | 3 replies
And yes, a lawyer is a key component in most states and other states don't work at all like TX and MI.Haven't done it, the theory seems strong.
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4 March 2016 | 9 replies
Lots of times these records can be found on the Clerk and Recorder's website, but if not you may have to go to their office.Having a trust does not mean they are sophisticated, but merely means that they have a lawyer.
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20 August 2015 | 14 replies
Just to update the thread;I had my lawyer look into this.
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6 May 2015 | 8 replies
Do comps, and estimate repairs, and make them a 'cash' offer.5) Get a lawyer (probably step 1 lol) and get a contact written up which is assignable and gives me outs if need-be.6) Unload contract to whoever offers best or bites first at reasonable profit.
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8 December 2015 | 4 replies
Also, I was planning on modifying my existing lease and having my lawyer review.
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21 January 2021 | 14 replies
Much better rent to value dealsPotential for better cash flowsCash flows will be in US dollars US already has had a correction and Canada is due for oneLarger networkCons:- Have to consult a cross border accountant, lawyer and tax specialist which can be pricey(Quoted to be 350-1200$)- If you buy a property in the US personally without an entity there is a 30% tax u have to pay which can be circumvented by filing US tax and claiming the rental income- Will probably need to buy an LLC or LLP(im still learning the difference with these two) and dont know what situations would benefit the best for this. - The exchange rate is bad for Canadians which some people point out if you repatriate the income from US it will be gobbled up by the FX people here in Canada and may benefit CRA and IRS which im also trying to sort out how.
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3 June 2016 | 1 reply
Hello , I just wanted to get everyone's opinion It's seems to me like real estate tv shows and real estate gurus have made real estate investments a trend,Which is a benefit to agents , lawyers and title companies sells wise.
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30 November 2016 | 12 replies
A lawyer must do the promissory note.
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27 October 2016 | 15 replies
The other one I really enjoy is by an investor in Alberta who is also a lawyer.