Taylor Jennings
Co. Tiers for Protection: REI Tech Co, Prop Mgmt, Construction, Sales
12 June 2014 | 0 replies
I can't begin to tell you how grateful I am if I can get just a few startup questions answered...ENTITIESReal Estate BrokerageREI Tech Company.comProperty Mgmt CoConstruction CoFinancing CoREI Tech Co Apps/Software (IP Involved)REI Marketing & AcquisitionsREI Fix & Flip Co (Same Co as M&A)REI Buy & Hold CoREI Joint Ventures (Flips & Holds)Q: It's been advised that we separate each division beneath one Parent Company 'PCo'.Our DilemmaThe REI Tech Co would be a platform to make offers, auction, and buy Real Estate similar to RealtyBid.com, Auction.com, and Hubzu.com only targeted toward a completely different niche.We intended to charge a Buyer/Seller premium which would be based on a % of the total offer/listing/bid (TBD) in addition to fees for premium services (featuring property, BPO, web based tools, privileges, etc).No doubt the % would be viewed as a consideration for a Real Estate Transaction so the Tech co would need to be licensed.The buyer would have the option to use our Construction Co 'CCo' for rehabs/maintenance and Property Mgmt 'PM'.
N.A. N.A.
Basic Questions for First Timer
12 June 2014 | 4 replies
Would it ever be not advisable to have a property management company take the place over?
Jeff J.
Getting rid of smoke smell in a carpet?
18 June 2014 | 17 replies
I was advised by a more seasoned investor once that if the smell is bad in the unit then the tenants/buyers will associate the house with uncleanliness- no matter of it's an irrational judgement or not.
Mark B.
Cleveland, Ohio referral for quality Engineering Inspecrtion
12 June 2014 | 1 reply
This is sizable 24 unit property in Cleveland, Ohio Can anyone advise, please.
Trevor Ewen
Philadelphia Strategy
26 January 2015 | 27 replies
I appreciate if you could offer me some advise on the following neighborhoods:1) Stanton (Intersection of West Berks & N. 20th)2) Port Richmond (Intersetion of E.
Patrick Britton
Property description to generate initial interest
3 September 2014 | 2 replies
If under contract, is it okay or even advisable to provide the address?
Corby Goade
Quit/Warranty Claim Basics
4 September 2014 | 5 replies
I would ask the attorney who prepares it to advise on the type of deed.
Saul Gvili
Multi units in Texas
5 September 2014 | 3 replies
Be advised that as we do not have a state income tax, property taxes can run around 3% of assessed value.
Tunji Ogunmefun
New investor in need of smart advice
7 September 2014 | 8 replies
By traditional lenders I assume you mean institutional lenders, but I understand they are not all alike.For example, I have been advised that it's kinda pointless for an individual to approach the big national banks like Bank of America and Wells Fargo for a single residential construction loan.