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7 December 2014 | 17 replies
By selling the LLC first, you only do the one closing...which is done by the new LLC owner who is just executing the original accepted PA.If the agreed on price in the PA is 70,000, you should get paid:1 - Whatever your assignment/wholesale fee is (this is now called the price of the LLC)2 - Reimbursement for your EMD money you put up (this will get credited at the time of closing for the buyer, just like your EMD would have been.
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21 November 2014 | 22 replies
The difficulty only lies in the execution, i.e. finding the capital and the deals, but that has to do more with the person than the idea.
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21 November 2014 | 12 replies
Clarification is needed; petitioner must clarify whether will is offered as holographic instrument or executed/witnessed will.
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22 September 2014 | 3 replies
Three years of non-payment on a home with equity and the borrow not executing a sale to get out has the makings of concerns.
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23 September 2014 | 3 replies
Mark Forest is correct, you would make the current owner responsible for delivering the property to you vacant and empty of any chattels or property not explicitly itemised as being delivered with the property in the APS.We use attorneys for closing up here, but you would need either an attorney, title company or both to execute this on your own.It has also been our experience that FSBOs are usually over priced - sometimes those from other investors are close to reality, but not always.
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26 October 2014 | 13 replies
Every market has great areas to flip and do rentals, you just have to know the market really well to be sure you are in the right area to execute your strategies.
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5 October 2014 | 10 replies
IMO, you're actually a little more vulnerable with just a few properties.
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7 October 2014 | 7 replies
I think overall I am intimidated by Real Estate, not exactly sure why, and that is why my excuses have gotten in the way of me making my first steps into executing a career in Real Estate investing.
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4 October 2014 | 11 replies
Practically, it is not only hard to answer with certainty which area will have the best net returns, but that result is also highly dependent on the specifics of the project, and your abilities to execute on it.