11 January 2015 | 1 reply
. - Half of them EH12 Holdings or EH15 Holdings - I'm sure just different divisions of Mid Group.I wonder if this is just a fluke of one private equity firm selling off their assets or if there's more to come by others.
14 January 2015 | 6 replies
I suppose I should pay her a flat rate and have her do admin stuff and show available homes to prospective tenants.
15 January 2015 | 4 replies
I inherited an acrylic tub that had been put in by a very prominent bathroom refinishing firm.
14 January 2015 | 2 replies
I mean ever.Yes or no, not maybes.The letter of intent basically says,Name of owners, property name, today's date, name of prospective purchaser, name of purchaser's company, intention to purchase on these terms as a principal.Purchase priceif lease with option, market rent, 12 month term with extensions, exercise price, etc.If subject to, purchase price, date of possession, date first payment, date of walk through, etc.If wraparound mortgage AITD, purchase price, note payment, interest rate, etc.
25 January 2008 | 8 replies
In what you have described, I would want to control the checkbook to say the least… And yes, you should have everything documented in writing as to who does what etc.Seems like there are some things that need to be firmed up here… Any more details you can share?
24 January 2008 | 1 reply
You receive a W-2 from an investment banking firm - no need for a company there, earned income.You receive a W-2 from the DJ business now and so you would not want to receive wages or earned income and deposit it into an LLC and report that as SE income and be subject to the SE taxes a second time on the same money and you would not want to deposit it into an S-corp and then be forced to pay yourself W-2 earnings and pay payroll taxes (same as SE tax) for a second time on the same money again.The only question left is the side gigs you do and I would put that on your Sched C income and buy yourself a bond insurance policy which is probably pretty cheap.Joe
1 February 2008 | 7 replies
I've got 2 properties currently waiting on financing, plus this 3rd prospect.
10 April 2011 | 33 replies
As with so many aspects of this Real Estate game, it is less important what YOU believe in (or what your intent is), what matters is the belief (or perception) of the other parties involved...tenant, prospect, buyer, etc.
28 January 2008 | 2 replies
I don’t think they would want to give it out as it could cause a prospective buyer to offer them less.
27 April 2008 | 7 replies
It may sound silly, but some folks will rent a list for real estate investing even though their prospective targets are people specializing in lease options (what if the list contains mostly rehabbers, wholesalers, foreclosures, etc..) much too much room to miss on that one.