Kim Hawkinson
Different wording for "assignment fee"
I haven't closed my first deal yet but I'm getting close. I've called a title company that I was told works with investors and learned that banks aren't letting people "assign" contracts in Arkansas. I would have to...
Rich Weese
update on word of warning
I know many don't really care about banking situation in our country. A couple sobering thoughts for those paying any attention.
1.http://www.digitaljournal.com/article/283688 FDIC lost money for first time since 1991...
Richard Warren
Does Your Word Mean Anything?
I was raised to believe that the most valuable asset in business, and in life, is integrity. Your word is supposed to mean something and personal ethics are paramount.
This week my article on the BiggerPockets Blog w...
Jenn St.Pierre
Was this the correct wording?
I recently sent out my first batch of letters for my mail campaign. After I sent, my business partner asked me to get feed back on the wording.
(Dear)
Hello! I'm interested in buying your house at (Addr...
Buddy Holmes
Line of Credit Note wording
I have an investor that wants a line of credit type note. He would like a fixed rate, 30 yr amortization when using funds.That is fine but i would like some compensation when it is not drawn due to tying up the use of...
John Smith
Give me 5-word answers
Initial fund / first purchase type / YOE / current net worth / current cash flow
Cara Wells
Poorly Worded Lease Renewal - Help!
Good morning!I've made a rookie mistake on lease language, and was wondering if you all have any advice. This is for a condo in Alexandria, VA. My current tenant's lease is scheduled to end on 31 December 2015. The le...
Winnie Rim
Meaning of the word "Margin"
Can someone please explain fo me in depth what the word "Margin" means in buisness? And how to calculate it. I see explanations on Google but they're all different, not sure which one refers to the correct definition ...
Peggy Kiker
Deal structure and contract wording
Hi all!I have a couple of general purchase contacts to use in wholesaling, but I need some advice about how to structure a deal and contract where the seller may be behind with mortgage payments, or if there is a lien...
RIley McDowell
Words of Wisdom & Advice?
My name is Riley, I am finishing college in a couple of weeks and I am interested in advice on what to do next. What would you have told yourself when you were getting started? I would like to know! I will be starting...