Josh Martin
Nashville Property Equity or Outstanding Loan Amount Research
13 October 2016 | 3 replies
I'm looking to get more information for whittling down driving for dollars lists.
Charles Wiegert
Loopnet Disclosed Financials
28 August 2016 | 10 replies
I am very reluctant to utilize the financial information provided on the loopnet properties.
Brent Hill
MLS access for real estate assistant - Jacksonville, St Augustine
26 August 2016 | 8 replies
Here are the duties that can be performed according to the FREC:Permissible Activities of an Unlicensed AssistantUnlicensed assistant is defined as support stafffor a real estate corporation or other licensed individuals.Answer the phone and forward callsFill out and submit listings and changes to any multiple listing serviceFollow-up on loan commitments after a contract has been negotiated and generally secure the status reports on the loan progressAssemble documents for closingSecure documents (public information) from courthouse, utility district, etc.Have keys made for company listings, order surveys, termite inspections, home inspections and home warranties with the.licensed employer's approvalWrite ads for approval of the licensee and the supervising broker, and place advertising (newspaper ads, update web sites, etc); prepare flyers and promotionalinformation for approval by licensee and the supervising brokerReceive, record and deposit earnest money, security deposits and advance rentsOnly type the contract forms for approval by licensee and supervising brokerMonitor licenses and personnel filesCompute commission checksPlace signs on propertyOrder items of repair as directed by licenseePrepare flyers and promotional information for approval by licensee and supervising brokerAct as a courier service to deliver documents, pick-up keysPlace routine telephone calls on late rent paymentsSchedule appointments for licensee to show a listed propertyBe at an open house for: o Security pulposeso Hand out materials (brochures)Answer questions conceming a listing from which the answer must be obtained from the licensed employer-approved printed information and is objective innature (not subjective comments)Gather information for a Comparative Market AnalysisGather information for an appraisalHand out objective, written infonnation on a listing or rental
Alex Sanchez
New Member From Chicago!
2 September 2016 | 18 replies
Make sure to check out all of the informative podcasts.
Keith Fowler
Quit my Job, Cash out my 401K, buy more RE investments.
3 September 2016 | 33 replies
Following is how the ROBS 401k works: Because you directly rollover your IRA or former employer 401k, 403b, Keogh, SEP, SIMPLE, or other eligible account, to your new ROBS 401k plan, which then funds your business, you incur no taxes or early distribution penalties.Unlike traditional 401k plans that allow for a 401k participant loan, that is, borrow up to 50% of the account balance not to exceed $50,000, the ROBS 401k for business financing plan allows you to use all of your retirement funds to fund your start-up business.The ROBS 401k funded corporation allows you to draw a reasonable salary from the business.ERISA 408(e), and ERISA Reg. 2550.408 list information regarding the use of 401k funds to invest in employer stock of the employer’s corporation.The IRS formally commented on the use of 401k business funds on Oct 1, 2008 by issuing IRS memo commenting that the use of retirement funds is not disallowed but continue to be reviewed by the IRS.The use of retirement funds for business funding entails the 401k purchasing stock shares in a C-Corporation.
Roman Gwin
collecting rent digitally through "Cozy.com"
25 August 2016 | 7 replies
It's asking for some very private information on-line and before I hand over debit/checking info with security codes and billing addresses I'd like to make sure folks on this forum have used it and have not gotten ripped off...thanks!!!
Irene Chen
Am I missing anything? Inheriting Tenants
26 August 2016 | 6 replies
I wanted to make sure we're not missing anything before we close:Requested an estoppel agreement to be signed at the final walk-throughNew/updated lease will be signed honoring the previous termsRequested to see the rent rollWe have a copy of the leaseThe sellers agreed to replace the roof before we close; we asked for the roofers information to make sure they are licensed/will pull a permit, and to get information on the roof.Will confirm that security deposits will be transferredAnother concern/question I had is about paying cash for keys.
William D.
New guy from Baltimore, Md
4 September 2016 | 8 replies
Make sure to check out the Bigger Pockets Blog: https://www.biggerpockets.com/renewsblog/It is full of great information
Jade Igwebe
Wholesaling
29 August 2016 | 10 replies
Hi @Jade IgwebeThere is a ton of great information and people on the forums!!