All Forum Posts by: Lee Common

The California Public Mega Authority Fund

Some countries have multiple sovereign wealth funds. Some states have multiple public pension funds. Does it make sense to consolidate these governmental investment authorities to achieve greater economies of scale and be more cost effective?

http://www.swfinstitute.org/swf-article/ca-mega-fund/

http://www.swfinstitute.org/

The Arithmetic shows it.

Any thoughts?

What's interesting to me is that's with today's uncertainty, market volatility, wealth inequality as well as multiple national revolutions

The spectrum of perspectives
The sense of community
Josh's Personal involvement

Joey,

I'd recommend looking for an investment friendly flat fee brokerage unless you don't mind the added liabilities and limited exposure. Someplace where they have been cultivating end buyers through credit repair/building.

Best, Lee

Antoinette,

Without having put feet on the ground I would not venture to guess whether it's the right deal for you or not.

Questions I'd ask myself

What are the terms of the leases?
How long have they been there?
Do I have the cash on hand to bring vacated units to marketable condition?
Can I afford to cover payments for vacancies?

Would you mind if I asked why?

What about unconventional financing?
Would those terms make the deal less attractive?

All the Best, Lee

Josh,

I'll have him create one.

The idea for me was get my posts out to a hundred people who know me but, are not on my facebook. Now that I think about it everyone already has been exposed.

Looks like it still works out well for both of us.

BTW I appreciate your tactful & helpful responses, it's what makes BP the best. So when do you sleep?

Best Regards, Lee

I remember that class.

If you have an active real estate license and you get a listing agreement you can charge whatever commission the seller will pay. Now I've never been able to get more than 12% however, I was providing a number of addition serves in the terms of that listing agreement.

Price fixing is illegal so RE companies cannot charge a set industry price.

As a Realtor or licensed agent you owe the seller your Fiduciary responsibility.

http://www.efmoody.com/arbitration/fiduciary.html

The good faith has been interpreted to impose an obligation to act reasonably in order to avoid negligent handling of the beneficiary's interests as well the duty not to favor ANYONE ELSE'S INTEREST (INCLUDING THE TRUSTEES OWN INTEREST) over that of the beneficiary. Further, if the agent should find him/herself in a position of conflicting interests, the agent must disclose the dual agency (acting for two parties at the same time) or risk being accused of constructive fraud in regards to both or either principals.

Josh,

I know you are busy but, my brother said he is fine with it on there & "wouldn't it help you out if it went to both our profiles" so I have to ask,

Can my BP profile be linked to both mine & my brothers FB accounts?

It would give both of us a little more exposure.

Thanks, Lee

James,

I definitely agree.

That's why I posted here to get some fresh eyes on it.

Everyone see's the world from there own perspective more prospectives/points of view more variables can be pinned down understood and accounted for. The better prepared we all are to move forward socially & financially.

Deuce,

I could make the argument that the US Dollar's fiat position & quantitative easing are what is going to bring this country to it's financial knees.

That being said I have more faith in my community than to think we would be reduced to a Mad Max/wild west quality of life. Save for an all out nuclear war.

Regards, Lee