Scenerio; You have a property for sale for which you conservatively priced.Many recent comps and your right there in value.You even had 3 offers within 5% of your sales price.You accept the $250,000 offer,get thru Attorney Review,home inspections and various other speed bumps.After 50 days,you are one week from closing and a nice payday and BAM !!! An obviously inferior property in the interim is reported as sold and the bank does an appraisal review and chops 10% off their appraisal (according
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"Free Oil Tank Removal" - Effective August 2, 2006 the PUST Fund (Petroleum Underground Storage Tank Fund) provides funding to eligible applicants to help fin
We all know opportunities abound from "Distressed" parties in todays market. By "Distressed" parties, I am not referring to homeowners. We have all dealt or heard stories about banks losing paperwork,short sales taking 2 years,restrictions on re-sale,non-assignable contracts,per diems and "fines" for not closing on time, the list goes on and on.Somewhere along the line we have been taught to only deal with "Motivated" sellers,but for some reason, even though the banks are really the"Distressed"
2- More so, you may be missing the chance at a life-altering opportunity. After wasting countless hours waiting for your return call or message, the person will bark, “The heck with you,” and quite possibly make the next person in their iPod wealthy.
3- Listen
Many renovations can be awkward and costly, or merely end up never being used, while you’re still paying off that second mortgage. And countless others will b
What's the prize?
1st Place: HP Mini Laptop 10.1"
2nd Place: Rich Dad Poor Dad Book
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1. All new members are required to sign up for the TriState Mixer website. A picture must be uploaded and introductions questions must be filled out.
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Question 1: "How did you hear about TriState Mixer?"
Question 2: "If you're referred by a current TriState Mixer member, you
LLC (Limited Liability Company).
Are the assets within your LLC at Risk?
If you live in Florida, the answer is YES!
If not, keep an eye to see if your State follows the decision in Florida.
On June 24th, the Supreme Court of Florida handed down a 3-2 decision that
allows a creditor to seize the ownership interest of a single-member LLC.
In the past, the charging order was the given to creditors to recover the
judgment. With
But this is a lie, and Bernanke knows it. Just one look at this weeks jobs number and he knows we're not recovering.
But, what is he supposed to say, “We're in the eye of a poop storm”? Just how long can Bernanke and the politicians keep telling us it’s getting better when we know they’re lying? Are you better off now than you were two years
Limited Liability Company or LLC is a new, but popular legal company formation that offers limited liability to its owners. The LLC first began in Wyoming in 1977, and since then has become a recognized business entity in all 50 states. A Limited Liability Company’s structure differs from that of a Sole Proprietor, DBA, Partnership or Corporation. Before you decide on an LLC, research your options, and make sure that you fully understand all of them.
The Basics of an LLC
A Limited Liability Com
For most people, the home buying process can be intimidating as well as exciting. This is likely the largest financial investment of the homebuyer’s life. The current buyer’s market and low interest rates, not to mention recent tax incentives, are encouraging buyers to take the plunge. Nevertheless after years of easy financing during the real estate boom, banks are now reluctant to lend, frustrating would-be homebuyers. According to Agence France Presse, Federal Reserve chairman B
Wholesale
Fix and Flip
Municipal Tax Liens Afforded Protection By Court - June 25, 2014
Earlier this week, on June 25, 2014, a decision from the NJ Supreme Court has bolstered the position of tax sale certificate holders throughout New Jersey -- particularly those seeking to enforce their rights and foreclose upon a property where the property owner has sought bankruptcy protection. It is a landmark decision and it helps to solidify and…
It’s finally spring (A snowstorm here or there notwithstanding) and its time to shake off the slow pace of winter and get active. Watching things come alive and grow got me thinking about gardens…planting seeds…cultivation.
You might be thinking, “What does this have to do with real estate?” Stay with me here, there are a few parallels.
SPREAD THE SEED
This is a relationship business. Don’t underestimate the importance of creating a strong…
With the economy still on shaky ground and lenders requiring that your deal fit neatly into their guideline box, the ability to raise private money has never been more important. You frequently hear people discussing this topic but you might be wondering – where do I begin?
Having raised roughly 10 million dollars over the last 5 years I’ve gotten very familiar with the process but I am by no means an attorney. When raising private money please be sure to seek out a qualified real…
Urban landlord investing combines elements of crime, drugs, boarded up assets, and low income tenants. Within all this uncertainty comes a unique risk adjusted opportunity. This post is going to look at one major tenant type that you will come across: The Section 8 Tenant.
Section 8 ?
Section 8 is a Government housing voucher program that is managed by the Department of…
