Real Estate Law
Real Estate Deals by Greg Boots | March 25, 2009By now most investors are aware that Limited Liability Companies (LLCs) are designed to help insulate the owner (member) of the LLC from the liabilities that may arise on an investment property held within the LLC. What has drawn confusion and massive amount of debate is whether or not an investor should create a Series [...]
Read the full article → Real Estate by Greg Boots | March 18, 2009“Why did my financial advisor tell me that in order to achieve asset protection for my investment properties, I only need a general liability policy?” This is a question I am consistently asked by investors when I am speaking throughout the country. Don’t get me wrong, I am a huge advocate of insurance, but in [...]
Read the full article → Real Estate Investing by Greg Boots | March 11, 2009There has been much published in regard to land trusts. However, many real estate investors are completely oblivious to the fact that the land trust, in and of itself, provides absolutely no asset protection. Don’t get me wrong, land trusts are great vehicles for privacy, but privacy will only take you so far. You must [...]
Read the full article → Real Estate Investing by Greg Boots | March 4, 2009When most investors think about business planning for their real estate investments, their main focus tends to be strictly on asset protection. However, there is a genuine need to also focus on potential adverse tax consequences depending upon the type of real estate transactions that you have targeted for your investing strategy. Wholesaling properties falls [...]
Read the full article → Real Estate Law by Tom Koziol | January 23, 2009That is not a typo. In fact, I may be off by a number or two. Given today’s chaos and confusion in the real estate realm, it is a definite possibility we could find ourselves in a court room answering a complaint under one of the following 22 types of law: Common Law Equity Law [...]
Read the full article → Real Estate Law by Joshua Dorkin | August 19, 2008This post has been a long time in the making, and is something that I think many people can commiserate about. Adding People to Your Email Marketing Campaigns is Not Only Annoying, but Can Also be Illegal There is nothing that makes me want to cooperate with a company or investor more than when they [...]
Read the full article → Real Estate Investing by Rob K. Blake | August 3, 2008The new housing rescue bill signed into law by the President last week includes some ugly tax changes especially for vacation home and investment property owners. The new law changes capital gains treatment of these properties eliminating the some of the prior rules which savvy investors used to avoid these taxes. Under the old rules [...]
Read the full article → Financing Real Estate by Ted Karsch | June 30, 2008As I stress time and time again to new apartment building investors, before making an offer on any apartment building real estate property be sure that the investment will be a profitable one. Banks and commercial mortgage lenders will only lend money on an apartment building that has a Debt Service Coverage Ratio of at [...]
Read the full article → Real Estate Law by Joshua M. Marks, Esq. | May 27, 2008The Settlement Statement, often referred to as the “HUD-1”, is a document that contains a detailed breakdown of the closing costs apportioned between the buyer and seller of property. Typically, the closing agent (often a representative from the title company), gathers the pertinent information, completes the Settlement Statement and disperses the required funds once the [...]
Read the full article → Foreclosures by Milton B. Yates | May 25, 2008BEWARE! BEWARE! BEWARE! I am quite sure that many of you are staying abreast of the new laws regarding dealing with sellers and properties on their way into foreclosure status. On my side of the country it is especially critical to follow all guidelines of the pre-foreclosure business. Those who are choosing to take their [...]
Read the full article → Learn Real Estate by Joshua M. Marks, Esq. | May 13, 2008I have often found that many homebuyers lack a fundamental understanding about title insurance. While most past clients have admitted to briefly discussing the topic with their real estate agent, they don’t seem to understand its purpose or function–only that it will be an additional expense on the settlement sheet for which they are responsible. [...]
Read the full article → Foreclosures by Tom Koziol | May 2, 2008Readers of this blog fully understand foreclosures are on the uptick and will likely to stay that way for the remainder of the year. However, some people may not fully realize the challenges being mounted against foreclosures from all fronts. It seems the lenders/banks have it had too easy for too long and have become [...]
Read the full article → Real Estate Law by Joshua M. Marks, Esq. | February 12, 2008With homeowners defaulting on their mortgages at a record pace, many people are practically begging their lenders for some form of relief or assistance in order to prevent themselves from ending up on the street. While it is certainly disconcerting to receive collection letters and threats of impending foreclosure from a lender, those who are [...]
Read the full article → Real Estate Investing by Joshua M. Marks, Esq. | February 4, 2008A Miami-Dade County, Florida developer, Related Group, has filed multiple lawsuits in the past month against real estate brokerages seeking the return of commissions on deals that fell through. The amount in controversy, which exceeds $460,000.00, is tied to commissions advanced by Related Group to the named-defendant brokerages on at least 19 sales contracts in [...]
Read the full article → Real Estate Law by Charles Feldman | January 23, 2008If you are a real estate agent or lawyer you MUST read this; if you are a recent home buyer you MUST read this. Why? Because we are about to take a trip through the looking glass into a weird world never before explored, a world in which home owners who feel they overpaid for [...]
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