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Chris Christie vetoes $100 Million homebuyers tax credit bill

Posted by Joseph Gulino on August 5, 2010 at 12:19pm

Gov. Chris Christie held a press conference outside the Atlantic City boardwalk where he decided to Veto the $100M homebuyers tax credit bill saying that the state can't afford $100 Million in Tax revenue.

This Bill would have provided 3/4 of funding to buyers of newly built homes. Apperantley the state doesnt have the luxury of paying for it now but Christie said that if we want to stimulate the economy all we have to do is build a house ! The credit would have stepped in where a federal tax cre

Get Your Leads by Telling a Story

Posted by al on July 25, 2010 at 7:42pm

What does it take to sell your properties? The magic is in your senses, your originality, and your customer’s curiosity. Do you ever take the time to read the ads on sites like Craigslist and Backpage; or maybe the MLS listings? Are you as dumbfounded as I am by the monotony of the headlines and text? You know exactly what I’m talking about. Bo-o-oring!

Doesn’t it look like each successive ad is a cut-n-paste of the previous ad? And, each one has the identical mind-numbing headlines that you will

The Land Trust, or Revocable Grantor Trust, in Your Business

Posted by al on July 18, 2010 at 5:42pm

The Land Trust, or Revocable Grantor Trust, is a very powerful tool for the knowledgeable investor. If you own rental properties you are a standing target for litigation. Your tenants, their visitors, and just about anyone walking on your property can sue you if they get hurt there. This is especially true if you own multiple properties with a bouquet of equity. They will smell the money.

From the privacy point of view, the Trust is superior to other entities like corporations, LLC’s, LLP’s, LP’s

REMEMBER: Cell Phone Numbers Go Public This Month.

Posted by al on July 15, 2010 at 10:30am

REMINDER..... all cell phone numbers are being released to telemarketing companies this month and you will start to receive sales calls.

YOU WILL BE CHARGED FOR THESE CALLS

To prevent this, call the following number from your cell phone:888-382-1222.

This is the National DO NOT CALL list. It will only take a minute of your time..

It blocks your number for five (5) years.
You must call from the cell phone number you want to have blocked.
You cannot call from a different phone number.

HELP OTHERS BY P

Employee or Contractor?

Posted by Tibor Domolki on July 13, 2010 at 10:30am

THE IRS DEFINITION

The Internal Revenue Service uses these criteria to determine whether an individual is an employee or an independent contractor. The worker is an employee if...

You or your representative tells the worker where, when, and how to work.
You train the worker.
The business performance depends on the worker.
The worker has a continuing relationship with the company.
The worker's services must be personally rendered by him/her.
You set the worker's work hours.
The worker works on the employ

Win a LapTop!

Posted by Nick Tang on July 12, 2010 at 3:00am

What's the prize?
1st Place: HP Mini Laptop 10.1"
2nd Place: Rich Dad Poor Dad Book

How do new members qualify as your referrals?
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.

2. It's important for them to fill out the following questions when they join so you can get credit.

Question 1: "How did you hear about TriState Mixer?"
Question 2: "If you're referred by a current TriState Mixer member, you

Bob Livingston sent me these

Posted by al on July 9, 2010 at 8:45pm

*Your tax dollars at work. The inspector general of the Treasury Department reported to Congress that there was even more fraud in the government giveaway of home buyer credits than expected. Among the gems discovered: 1,295 prisoners (including 241 serving life sentences) received the $8,000 credit even though they were in jail at the time. Some 10,282 taxpayers received the credit for homes that other taxpayers had already claimed. In one case, 67 different taxpayers claimed the credit for the

How Much Should You Be Willing To Offer For Distressed Property?

Posted by al on July 9, 2010 at 1:26am

Foreclosures in New Jersey stand at a reported rate of 10.7%. I say reported, because there are many more homeowners who are three or more months delinquent where the bank has NOT filed the requisite Lis Pendens. This is the “shadow inventory” that is seriously skewing numbers.Does all this surprise you? Well, it’s getting worse. There are so many factors involved at this time that no one can predict, with any sense of certainty, where the true numbers are, or where they are heading. It’s becomi

Money May Not Grow on Trees - BUT it most likely is hiding in your walls! Cost Segregation - FREE Overview

Posted by al on July 8, 2010 at 1:41pm

Cost segregation is the IRS legally allowable alternative to straight 39-yr / 27.5 yr depreciation for commercial buildings. A commercial building is ANY building generating taxable income: residential investment, multi-family, retail, restaurant, office, medical, parking structure etc.The IRS has set forth a standard for specially trained engineers, who utilizing blueprints, costing documents and other architectural programs, will reallocate building components / assets – that would normally be

When do we take back our land?

Posted by al on July 8, 2010 at 1:16pm

A ground-swell of anti-Americans want to build a mosque in the shadow of Ground Zero.

I lost friends and children of friends in this attack! I just cannot understand why Mayor Bloomberg is letting this happen.

I'm with you, the tired masses.

I just cannot believe the main stream media is this reticent about reporting this news! They have somewhere along the time-line forgotten their duty.

I have an idea to move them, since they are still driven by the almighty, though now Yuan, dollar!

The combined e

Money Saving Tip

Posted by Beverly Ackles on July 8, 2010 at 9:28am

The summer weather has been brutal! Over 95 degrees and counting! In some areas we are now on a water ration. You can only water your grass every other day. And think of the money we are spending on electricity. It's crazy!

Reduce your monthly electric bill for FREE. Go to www.viridian.com/homehunters@comcast.net to see how you can reduce your monthly electric bill for FREE. Sign up as a customer or as an Energy Consultant. You'll be glad you did!

Remember Your First Steps in Life. . .

Posted by al on July 7, 2010 at 5:28pm

Most of us hear about our first steps from our parents, because we were only 8 to 12 months old when they happened.As the stories go, we didn't just get up on our feet and start walking around. We sat up, then we rolled over, we learned how to use a vertical helper to pull ourselves to our feet, then we held onto the table or chair and walked the length.When we got to the end, we usually fell on our butts. After awhile, yes, we let go of the support system and took two or three steps before our

Just Where are the Commercial Markets and How are They Doing?

Posted by al on July 5, 2010 at 11:07pm

Many real estate professionals and investors working in the commercial arena are decidedly negative about the near term. They predict an extended phase of anemic demand. In addition, due to a weak supply of ready dollars, de-leveraging is expected to be expensive.Commercial vacancies will continue to swell and rents will decline across every property sector before the market bottoms out between 2011 and 2012. Also look for declines in value to 20% to 40% of the 2007 highs in many major markets.

Are You Prepared for a Double Dip Recession?

Posted by al on July 4, 2010 at 10:30pm

According to the White House, all is fine. The economy is getting stronger. We're in a recovery that just “won't feel great,” for some time says Ben Bernanke.

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

Three Key Markets Pointing to More Economic Pain Ahead

Posted by al on July 3, 2010 at 10:49pm

by Bryan RichIn the past two weeks, we've seen China de-peg its currency from the dollar, the UK roll out historical fiscal austerity measures and Japan release details on a plan to tackle its massive debt load.The knee-jerk market reaction to these events was positive ... i.e. interpreted as a positive influence on economic growth and a bullish cue for risk appetite.In fact, for a few weeks in June the markets embraced all suggestions of fiscal consolidation after:* Greece agreed to an aggressi

Pay attention - this is an important decision if you are holding property in an LLC

Posted by al on July 3, 2010 at 1:00am

Pay attention - this is an important decision if you are holding property in an
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

Understanding the World of the LLC (Limited Liability Company)

Posted by Trang To on July 2, 2010 at 8:30pm

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

MORTGAGE RATES ARE LOW, BUT WHERE IS THE MONEY TO BUY A HOME?

Posted by Nick Tang on May 17, 2010 at 3:00pm

By Marc Atkins

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

WHY AREN’T THE BANKS LENDING MONEY?

Posted by Nick Tang on February 21, 2010 at 2:00am

By Phil Christiano
You might think that with all the billions of dollars in bail out money that the banks were given, they would be lending money. After all, the reason the government gave the money to the banks was to lend it to the public, and help get the economy going again.
However that hasn’t been the case, so why are they still not lending? The answer may surprise you, or maybe even upset you.
One of life’s lessons is that we can take lemons and make lemonade. Many look at our economic si

Shadow Foreclosures

Posted by Nick Tang on February 12, 2010 at 9:00am

By Marc Atkins

Mention the economy, especially the housing crisis, and you are likely to get a barrage of strong and often conflicting opinions. The current consensus among financial analysts and other talking heads is one of at least cautious optimism. They point to gains in the stock market, GDP growth, slowing unemployment, and what is often touted as evidence of a bottom in housing prices. But there is growing concern over so-called “shadow foreclosures”, creating a “shadow inventory” in hous

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Municipal Tax Liens Afforded Protection By Court

Posted by Anthony L. Velasquez, Esq. on June 27, 2014 at 8:17pm

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…

Deal Cultivation - Nuture Your Relationships!

Posted by Christopher Urso on May 20, 2014 at 4:37pm

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…

Private Money is the key to scaling your Real Estate business – want to know how to start?

Posted by Christopher Urso on July 31, 2013 at 2:59pm

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…

Landlord

Section 8- The Good,Bad and Ugly?

Posted by Ankit Duggal on August 1, 2013 at 8:02pm

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…

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Education

All Posts (171)

Chris Christie vetoes $100 Million homebuyers tax credit bill

Get Your Leads by Telling a Story

The Land Trust, or Revocable Grantor Trust, in Your Business

REMEMBER: Cell Phone Numbers Go Public This Month.

Employee or Contractor?

Win a LapTop!

Bob Livingston sent me these

How Much Should You Be Willing To Offer For Distressed Property?

Money May Not Grow on Trees - BUT it most likely is hiding in your walls! Cost Segregation - FREE Overview

When do we take back our land?

Money Saving Tip

Remember Your First Steps in Life. . .

Just Where are the Commercial Markets and How are They Doing?

Are You Prepared for a Double Dip Recession?

Three Key Markets Pointing to More Economic Pain Ahead

Pay attention - this is an important decision if you are holding property in an LLC

Understanding the World of the LLC (Limited Liability Company)

MORTGAGE RATES ARE LOW, BUT WHERE IS THE MONEY TO BUY A HOME?

WHY AREN’T THE BANKS LENDING MONEY?

Shadow Foreclosures

Note: this page contains paid content.

Featured

Municipal Tax Liens Afforded Protection By Court

Deal Cultivation - Nuture Your Relationships!

Private Money is the key to scaling your Real Estate business – want to know how to start?

Section 8- The Good,Bad and Ugly?

Note: this page contains paid content.