Mike Nelson
Question about bank statements for REO offers
13 February 2013 | 13 replies
I did deals all over New England.I'd be interested to hear if you're walking in with it in-hand or if its being requested when you present and offer and if its being requested then by whom and does it also accompany a deposit.Sorry to jump in on your thread with this but I'd like to know.If its helpful to this convo I don't think we ever made a decision with the client on whether or not to accept an offer or negotiate based on the depth of the buyer's pockets it always had to do with how much the asset was on the books for weighted against the potential for further loss.
James Zachary
Rolling over an old 401K into real estate
12 March 2017 | 24 replies
These never seem to consider the immense power of compounding and the time value of money.Where I STRONGLY agree, is that hard real estate assets are best kept out of a retirement plan in favor of paper investments such as notes and lending, which are normally taxed as ordinary income.
Edita D.
Loopnet.com a good source of potential income property?
6 February 2013 | 9 replies
When asked if they were listed and if he had authority to represent them (I knew they had already been sold from researching them) he skated around, saying I could send him an offer.I notified Loopnet a few times, and also emailed the broker telling him he should take the ad down.
Sean Dezoysa
Common reasons for ownership in a trust?
10 February 2013 | 14 replies
In a trust, you must name a beneficiary - the person(s) who receive the trusts' assets after the trustor's death.
Brian Stone
Ok, Lifestyles Unlimited or Jim Ingersoll for Coaching/Mentoring?
6 May 2013 | 14 replies
I haven't gotten all of the information on how much it costs or how accessible he will be yet, but he is an author and is actually on this site and posts every now and then.
Elizabeth Read
Bought a conversion without permits- expensive mistake
3 February 2015 | 8 replies
I don't know how things work in FL, but if you were in NJ, I would say you need "the right attorney", someone with longtime connections to the local permitting authority, this should not be unresolvable.
Justin Greiwe
Strategy/finance apt/commercial w construction upfront -help
6 February 2013 | 1 reply
Should I asume a 25% down payment, or other options to not sink so much capital into this one asset (besides a partner)?
Justin Greiwe
Commerc/apts deal Strategy& finance ideas? Construction new mixed use
8 February 2013 | 3 replies
Should I asume a 25% down payment, or other options to not sink so much capital into this one asset (besides a partner)?
Luke Barry
Short Sale After Bankruptcy
7 February 2013 | 4 replies
No post-BK seller who surrendered the asset can do a SS.
Matthew Morris
Help with next step...
7 February 2013 | 1 reply
The new every two plan from the Government is a great way for real estate investors to get started and build assets.