What’s In Your Real Estate Purchase Contract? How wordy do you need to be when purchasing a property? Some purchase offer contracts can run into the dozens of pages. I find the opposite works better for me. I currently use simple and concise contract language that fits on about one page when I wish to make an offer on a property. This contract language has evolved over the years and I use it for several reasons.It keeps things simple.Keeping it simple sometimes makes the deal.I can … [Read more...]
Building Trust With Private Money Partners
August 1, 2012 By Leave a Comment
Building Trust With Private Money PartnersUnless you have loads of cash on hand, you’re probably interested in finding and securing private money partners. So in the spirit of this month’s topic on trust, let’s spend some time on building trust with private money partners. 1. Have a Portfolio Because you’re asking for a large sum of money, having a portfolio or resume can go a long way towards building confidence in you and your REI business. Your REI portfolio could include things … [Read more...]
Probate Investing and Your Mindset
May 28, 2012 By Leave a Comment
Probate Investing and Your MindsetAs most everyone knows, probate investing is one of my favorite strategies. If this is a strategy that you decide to pursue, there will likely be some challenges during this process. It is important in probate investing that you have the correct mindset right from the beginning.It doesn’t matter whether your strategy is probates, REOs, absentee owners, foreclosures or one of the other types of investing strategies. You are still looking for the same thing. … [Read more...]
A Probate Case Study On Real Estate Value
April 9, 2012 By Leave a Comment
A Probate Case Study On Real Estate ValueI put another wholesale deal under contract a few days ago. I was the only person still mailing to them more than a year after the death of her mother. When I arrived at the property, I was greeted by one of the two sisters I was meeting. This lady was the same person that had initially called me about the property. She apologized because she had suffered a stroke some years ago and had great difficulty speaking. I told her that was perfectly fine … [Read more...]
IRS Section 121 And The Land Trust Beneficiary
January 11, 2012 By Leave a Comment
IRS Section 121 And The Land Trust BeneficiaryShould you put your personal residence in a Land Trust?IRS Section 121 And The Land Trust Beneficiary is a post from: Real Estate Investing Blog For Real Estate Investors.Read the full post here... … [Read more...]
IRS Section 121 And The Land Trust Beneficiary
January 11, 2012 By Leave a Comment
IRS Section 121 And The Land Trust BeneficiaryShould you put your personal residence in a Land Trust?IRS Section 121 And The Land Trust Beneficiary is a post from: Real Estate Investing Blog For Real Estate Investors.Read the full post here... … [Read more...]
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