Kyle Scofield
Seller/Owner Financing Letter format
15 February 2016 | 4 replies
I like to ask, how much do,u need above your existing mortgage, how soon do,u want to settle.You need to show the seller the benefits of taking back some paper; interest payments, show the seller how much they are making over the term of the mortgage, let them know they can discount the the note for cash when they need it, use the note as a down payment on another purchase, split the notes, pledge the note as security for a loan, give it to their kid for college cash or just keep it in their cash flow portfolio.
James Ritter
How to get Agent License
15 February 2016 | 4 replies
So there should be no such thing as "forcing you into an office" since this might make you an employee vs. an independent contractor - something that most RE brokerages are not interested in doing as it will be fairly costly to them.b) Speak to as many brokers as you can because they are all set-up differently: Some brokers impose high monthly fees because they carry a national brand name, but may have other benefits to offer you such as good lead generations and strong brand recognition.
Sib Bahjat
Pros/Cons of deeding a property to an LLC
19 February 2016 | 21 replies
For a small operator, the LLC requirements definitely take extra time/money and I see myself getting little benefit.
Timara Marie
Contract
17 February 2016 | 7 replies
Contracts are creatures that benefit from first hand attention to detail by a trained attorney.
Miguel B.
Becoming A Real Estate Agent In TX
16 February 2016 | 9 replies
Actually, I'm interested in becoming a realtor to benefit my REI business, not to have a career in the real estate industry selling properties.
Wesley Kuo
Greeting from a RE beginner in Southern California
29 February 2016 | 17 replies
I’m in the 28% tax bracket for fed and 6.7% for California (my actual California tax rate is 9.3% but the 6.7% is net of federal tax benefit for state taxes paid), leaving me with a total tax savings of 34.7% x $10,000 = $3,470 (and this number is low because the $10,000 of tax deductions in excess of rental income is a low number).(3) Combine these $3,470 tax savings with the $7,500 increased equity and you got $10,970 in annual economic increase by house hacking vs. renting for $600/month.(4) There’s appreciation potential over the next 30 years that I hold the property, especially where we live in California.For the reasons above, if you’re currently renting, this is a no-brainer.
Sharon Dittrick
Marketing campaign or agent for 1031 exchange?
16 February 2016 | 14 replies
I also have a client that may benefit from a 1031 ... any one have some experience in this quick turn around
Rebecca Winslow
Hello from Baltimore!
10 March 2016 | 28 replies
You can always PM me to chat and we can see how we can be of benefit to each other.Looking forward to meeting you soon!
Bryanna Mendoza
Newbie From Spokane, Washington
18 February 2016 | 16 replies
I’ve been working for the USPS as a mail processing clerk for the past three years - I handle and organize letters and packages (via methods of machine sorting and hand sorting) for the carrier routes the next morning.Overall, the post office has treated me well, putting fairly decent checks in my pocket with some pretty sweet benefits to go along with them.
Adam Rothweiler
Small business tenants
7 March 2016 | 7 replies
Seek out complementary services, and keep an eye out for established businesses is lesser-quality locations that could benefit by making a step up.