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Results (10,000+)
Mitch Kronowit Is there a conflict of interest here?
24 December 2010 | 4 replies
Many brokers (and probably many states) would consider this a dual agency situation, where essentially one party is representing both sides of the transaction.In some states this is legal and in other illegal.Where I live, it's legal as long as all parties (buyer, seller and broker) agree in writing that they are willing to accept a dual agency relationship.So, short answer is that -- assuming it is even legal in your state -- it probably requires full disclosure in writing by all parties.
Jimmy C. Why do we pay higher than taxes than most countries?
2 January 2011 | 42 replies
When options are exercised, the employee pay the taxes, and the company receives a tax benefit (essentially, the employees are paying the taxes in lieu of the company, but are doing so on essentially free gains, so they don't seem to mind).Microsoft used to make more money in tax rebates doing this than they made selling products, and which would essentially offset all of their taxable profit.
Stefan Forsberg Question for Rehab to retail investors
17 January 2011 | 22 replies
That book is essential for any flipper and it goes into detail on how to schedule your contractors.
Frederick Jones How do you properly close on a sandwich lease option?
1 December 2011 | 20 replies
However, given that a sandwhich lease is essentially skimming, I thought I would mention a strategy to introduce the sublease verbiage.
David Robertson Potential Flip-seller wants cash only offer!?
18 January 2011 | 23 replies
The major renovation issue is the upstairs master bedroom had the drywall and electrical ripped out by a previous tenant, it's essentially a clean slate.
Kyle Meyers Renting by the room
23 February 2011 | 2 replies
Renting by room is essentially how off campus college housing landlords do it.
Jordynn W. Investors Buying FHA Short Sales
1 April 2011 | 8 replies
If the latter, this will mean essentially that you will be paying for the lien settlement.Only you can answer whether or not it is worth going down that road, but I can honestly say it is not for many of us investors especially when you can probably buy for a deeper discount as a foreclosure.
Account Closed 1st rental LLC OR UMBRELLA? BOTH? NONE?
28 March 2011 | 17 replies
Essentially, if the bank ever calls you on that loan, you will have to pay the full balance or they will foreclose on the property.1) either deed it properly and don't quit claim it2) have enough cash reserves "just in case" you get called on it, and move it in to your LLCinvestment conventional conforming loans are few and far between (if they even exist this day in age)i've gone with option #2.
Joel Gregory Establishing rent-to-own with existing tenant
2 March 2011 | 2 replies
Rent credit is the part that confuses me when talking about an existing tenant - do I "raise" her rent by including a ~$200 credit, or keep it the same and essentially take a $200/mo hit if she ends up exercising the option.Thanks!
Account Closed iPad apps and uses for RE
2 March 2011 | 2 replies
Some existing content on IPad:http://www.biggerpockets.com/forums/80/topics/54667-hot-off-the-ipad-apps-i-m-using-for-rehttp://www.biggerpockets.com/forums/80/topics/48327-how-will-the-ipad-change-the-real-estate-business-http://www.biggerpockets.com/blogs/939/blog_posts/6737-iphone-and-ipad-apps-for-real-estatehttp://www.biggerpockets.com/links/2660-5-ways-ipad-will-reinvent-real-estate-for-agentshttp://www.biggerpockets.com/links/3000-are-you-ready-for-the-ipad-http://www.biggerpockets.com/renewsblog/2010/06/06/4-essential-tech-tools-for-real-estate-professionals/