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Are there any legal issues with a layperson (who'se not an agent) introducing a buyer and a seller of a property for a fee. Essentially collecting a fee for referring the 2 parties to each other.
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Hello all!1. Location: Anyone have any thoughts on south silver lake (a little west of sunset and alvardo) as a location to invest in. We are looking at a duplex (live in one and rent the other). 2. Rents: Do you find...
Hello,I’m wondering if it is legal for a licensed real estate agent to get a property under contract as an investor then list it on the MLS (offering a 3% commission) and assign the contract to someone else essentiall...
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What are the cons of selling with owner financing vs. Selling conventionally?
I want to try to market to long-term owners of rental properties and see if I can buy some with seller-financing.
Thanks
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For the average working professional, real estate investing provides the best path to generate additional income and wealth for their family. However, true wealth comes with the ability to leverage time and to stop tr...
Hi Everyone,I'm considering buying a multifamily from HUD and had a few questions regarding the mechanics of the transaction. The rep I spoke to at HUD's main phone number wasn't much help, and so far haven't gotten a...
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Is it possible to purchase a foreclosure property without an agent (via no agency / ministerial acts) in Chicago?I have purchased other properties without an agent... but not sure if the rules are different for forecl...
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I just got my RE license in MA. I've interviewed with a few brokerages but can't decide who to go with. Suggestions on what is most important when starting out?
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My fellow landlord invited me to help him with his units in Chicago as he has more than 100 units and managing them became a full-time job for him. It is not something the Landlord expected to be busy with. I am explo...
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Here’s a situation that one of my relatives is in.If anyone has advice or experience I’d appreciate it. I have a family member that is in a bad spot. They have personal loans, heloc, and mortgage they cannot pay based...