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All Forum Posts by: Don Mack

Don Mack has started 0 posts and replied 39 times.

Post: Is Bird-Dogging Legal???

Don MackPosted
  • Real Estate Consultant
  • Charlotte, NC
  • Posts 50
  • Votes 2

both of you are eluding around the core facts in my previous post.

so let me try to clear this up as simple as i can. if you are a bird dog, make sure that the person or company you are bird dogging for is not intending to defraud anyone, cheat them, or decieve them. you don't want to be tangled up dealing with scamsters.

now that is out the way, if you stay clear of fraud, deceit, as a bird dog, you will be ok. the only suit that will stick is one where someone is injuried. anybody can sue for anything nowadays.

a senator is suing GOD. so if the judicial system with let this happen they will allow you to be sued. but if no one is hurt as a result of your bird dogging, you will be just fine.

you guys are making bird dogging seem like its a white collar crime, and if it is why do you have a bird dogging forum?

i am getting confused as to the purpose of this forum community. is it to provide accurate information or trying ones best to prove another poster wrong.

it seems to me like instead of trying to prove me wrong, you would try to tell others how to proceed the right way to become successful as a bird dog from your experience.

again in my state North Carolina, you can bird dog for someone as long as no one is injured as a result. check with an attorney.

:beer:

Post: Is Bird-Dogging Legal???

Don MackPosted
  • Real Estate Consultant
  • Charlotte, NC
  • Posts 50
  • Votes 2
Originally posted by "REI":
Originally posted by "bmatthew":
Providing a finder's fee is perfectly legal. Being a buyer's representative in a RE deal doesn't require a license,but I haven't found that being licensed has ever hurt.

Just because a guru or otherwise implied you can be a bird dog for a fee does not mean the judge will let you off with no fine or jail time.

John Corey

i think thats being a little hasty. my understanding with the law whether its civil or penal, there has to be an injuried victim in a suit.

check with an attorney but i don't see how someone can be hurt by a bird dog alerts a buyer into buying a home, unless there is fraud involved.

you can't regulate common law which allows a man to earn a living as long as no is cheated in the deal.

now if someone is bird doggin with the intent to defraud, now you are looking for trouble.

like i said check with an attorney but good bird dogging to you and a prosperous year.

now if the bird dog is finding the deals, negotiating the deal, running numbers, won't let the seller and buyer talk, gets both parties to sign all the documents, create the deed, create the hud, file the deed, set up the title insurance, does the inspection, then you have a bad bird dog.
:superman:

maybe i want that bird dog, if i dont get cheated. :goofy:

Post: Is Bird-Dogging Legal???

Don MackPosted
  • Real Estate Consultant
  • Charlotte, NC
  • Posts 50
  • Votes 2

if you weren't able to work on someones behalf, there would be no power of attorneys aka attorney in fact to handle certain affairs.

Post: Sale/Investor Vs Deed in Lieu

Don MackPosted
  • Real Estate Consultant
  • Charlotte, NC
  • Posts 50
  • Votes 2

As a beginner, i was throwing out all types of words, so just by someone implying deed in lieu or short sale doesn't mean that there isn't any equity.

Signals are not enough to give someone an opinion in my books. If you don't have the facts ma'am like Friday used to say, you are just hitting and missing. My first instinct is to get all the details before i rambling with an answer that might not be revelant.

Just my humble opinion, but what do i know?

Post: Warranty Deed to Trustee & Land Trust Deed?

Don MackPosted
  • Real Estate Consultant
  • Charlotte, NC
  • Posts 50
  • Votes 2

A land trust is more than a marketing term. You have different trust so a trust is not just a trust. You have living trust, community trust, corporate trust and illinois land trust. A land trust is an entity that holds real property and turns it into personal property.

If a trust isn't an entity why once you place a property into a land trust personal creditors can't attach their liens to your trust? I have used trust and i know a little bit about them. They may not provide the protection of a LLC or a Corp but it is still a separate entity that can't be sued unless the trustee or trust violated some agreement. Your everyday contractor can't sue your trust if you didn't pay him, he can only sue you for your interest in the trust, if you have any interest.

Post: Are You Guys Using Your Own RE Agent?

Don MackPosted
  • Real Estate Consultant
  • Charlotte, NC
  • Posts 50
  • Votes 2

In my area the best deals aren't found on the mls.
When i first started looking for deals i went to the mls and looked for 2 years and couldn't find one deal, so i started working with owners directly and found my first deal in 30 days.

It really depends on which model you plan on working.

Post: Best chances lender will short sale

Don MackPosted
  • Real Estate Consultant
  • Charlotte, NC
  • Posts 50
  • Votes 2

I recently had a lender short sale a property from $170k to $112 with no repairs other than carpet plus the house is 3 years old. So try it you never know what kind of deal is brewing. :beer:

Post: Need some advice...

Don MackPosted
  • Real Estate Consultant
  • Charlotte, NC
  • Posts 50
  • Votes 2

If you are done with the house and don't have any equity, you should contact someone that is experienced with doing short sales.

Post: Sale/Investor Vs Deed in Lieu

Don MackPosted
  • Real Estate Consultant
  • Charlotte, NC
  • Posts 50
  • Votes 2

I don't see how you guys are making a statement without having all the information. From what i read, the poster stated their friends was in a bind.

They didn't say whether the seller had equity or not, so to assume there is no money in the deed should be looked into further.

Tell us a little more so you can get a good detailed answer.

Post: carpet or linoleum?

Don MackPosted
  • Real Estate Consultant
  • Charlotte, NC
  • Posts 50
  • Votes 2
Originally posted by "Ohio Realtor":
I think mike may be thinking of residential vinal tiles.

Do you mean vinyl? :goofy:

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