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6 June 2010 | 9 replies
Interview various brokerages, let them know exactly what you're looking for (and NOT looking for), and don't settle for one that will make it more difficult for you to invest -- the goal is to make it easier.Generally, the smaller brokerage firms are more lenient when it comes to working with investors, but there are definitely exceptions to that rule.
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31 May 2010 | 18 replies
Eddie, there have been several interviews with various congressmen and AZ leaders that have stated or been told that all 1200 will be used for jobs such as processing and booking illegals.
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14 June 2010 | 8 replies
True, if you find one that doesn't have their head up their @$$ and doesn't read negative press like this:http://activerain.com/blogsview/1691636/is-short-sale-flipping-criminal-activity-"In addition to banks losing money, this practice damages the unsuspecting homeowner who is selling the home in the short sale because they then face the possibility of a higher deficiency judgment if the lender seeks to recover the unpaid balance, or if there is forgiveness of debt, a higher income tax bill (unless the homeowner is exempt under various tax forgiveness plans of the IRS).Borrowers are "on the hook for larger deficiencies," Ann Fulmer, vice president of Interthinx said in an interview with Bloomberg Television.
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27 June 2010 | 3 replies
But that is more of an outsourcing/arms length thing than recognizing the true value added of the Realtor.
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13 December 2010 | 10 replies
Those who advocate the "50% rule" recognize that there are a number of expenses that are recurring and non-recurring; the non-recurring ones can be difficult to ascertain at first - new landlords don't realize them until they get hit (or maybe "bit" is more appropriate) by them.It could be that in this instance, "cash flow" means that PITI is covered and there is some money left after that.
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4 July 2010 | 2 replies
It was not a cash transaction and to award a deficiency would be like recognizing the installment sale as a cash transaction.Making repairs to a property during any redepmtion period or leasing the property and depriving the borrower of the opportunity to be made whole can lead to more problems.With current consumer protection laws on their way, I'm sure that this strategy will soon bite the dust.
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18 November 2010 | 14 replies
She doesn’t need to use these tactics to make money and hopefully she will soon recognize that having the respect of her students is more important than kickbacks provided from other guru’s.
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6 July 2010 | 10 replies
When dealing with a homeowner you are dealing with a product consumer, when dealing with a commercial property investor you are dealing with a business person.Most commercial owners (or their brokers) will recognize your offer for what it is - a free option for you to try to find a buyer at a higher price, that will only close if you can find the ultimate buyer, with no intention on your part to close on the purchase yourself (and from what you said probably not having the financial means to close yourself anyway).For any seller the strongest offer is an all cash, no financing offer with no contingencies.
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29 September 2010 | 11 replies
I still prefer my attorney in Waco for subject-to deals, but if you NEED someone local that you can walk in and speak with Scott is likely the best in the Metroplex.I also have a great attorney reference in Austin for subject-to if you would prefer to interview all three.
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9 July 2010 | 1 reply
If you PM me I can give you their contact information so you can add them to the interview list.