Mark Wallis
Great deal....but will I have trouble reselling due to lack of rehab?
16 October 2011 | 8 replies
You list for sale at say $110k, then when you sell, the end buyer is paying $110k, just like any "regular" transaction, and 70k, goes to the family (less the option fee you already paid) and the rest goes to you, as the option holder.
Kevin Cardinale
Land Trust Assumable Loan?
17 October 2011 | 10 replies
Lenders have more to worry about in Las Vegas than "due-on-sale clause violations".As long as this loan remains "current & performing";...you have a better chance of "hitting the jackpot" at Caesars Palace, than having the lender accelerate an otherwise performing loan in good standing for a violation in the "due-on-sale clause".Spending a few hundred dollars with a good attorney that specializes in these types of land contracts should be worth the money. (...try finding these types of lawyers who are affiliated with your local Las Vegas Real Estate Investment Club).A lawyer of this type can create a new, or review and update your trust/sales-agreement, land contract, etc.Here's a different twist:How about a back-up agreement and a back-up deed?
Mary Spalding
Lunchtime Door Knockin', Yeah I did that today!
5 December 2011 | 4 replies
Comps in the area are running between 30k-40k which I will bring with me, along with my mentor.Still have a long way to go, but I actually stepped out the car and knocked, so will keep you updated, as I think there is potential.This is outside my comfort zone and expertise, but I cannot wait to learn more!
Sharon N.
Judgement for Unpaid Rent
19 October 2011 | 8 replies
One thing I have learnt over the years, is that at the start of a new lease it is a good idea to have them update their personal information.
Stu Holbrook
Tiny homes, cottages and pocket neighborhoods.
22 April 2020 | 16 replies
@Ron CzecholinskiCan you give an update on how your pocket neighborhood project is going?
Raymond Lee
Do I Really need a Title Company?
15 July 2012 | 21 replies
(Mary gave John a Quit claim deed, but it was never filed by John) John is killed in a car wreck, but never updated his will.Then you come up and buy the property from Bob and Mary, close and you have the same exclusions on your title policy as to issues not shown of public record.Three years later Mary passes away and her son inherits all.
Loc R.
Just got an iPhone: App recommendations?
21 May 2015 | 62 replies
Most of them will let you set the polling interval, however, not all of them are fully customizable so you can set it to 1 minute or whatever your personal update urgency level is accustomed to ;)Depending how badly you want it, you can jump through hoops and have email forwarded to gmail or somehow have gmail collect from other POP accounts.
Phil Tsouridis
Rehab Question - What to offer & how much to fix?
1 November 2011 | 12 replies
Keep us updated on what you do.
Bryan Hancock
Reg D Exemption In Jeopardy Using JVs To Capitalize Development Deals?
22 October 2011 | 11 replies
Your regular attorney can tell you what they want, but the criminal attorney will tell you what the Grand Jury/Prosecutor will see in your plan.
Chris Clothier
Biggest Mistake for Real Estate Online Marketing
19 February 2012 | 16 replies
Often the business owner is too busy to pay attention as long as the blog is being updated and they don't realize what's being posted...or...they do see it an are so inept that their ghost writer has convinced them that this is a great and cheap way to move up google rankings.I have no problem with the concept of spinning your articles, just edit them before posting and make sure that they still sound like you - they still have your voice to them.