Viewing 1-3 out of 3 blog(s)
Land Trusts
Date: 01/06/2008 / Category: none
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Current Grade ?
However, real estate investors use this term to refer to putting a piece of real estate into a trust, a common method for real estate investors who are working on distressed or pre-foreclosure properties. See http://en.wikipedia.org/wiki/Creative_Real_Estate_Investing#Land_trust
Are land trusts feasible for real estate investors working with distressed properties? The answer is it depends. The first issue... continue reading >>
Preview:
I get a lot of questions from real estate investors about land trusts. Technically, the term land trust refers to a method by which communities and non-profits achieve their goal of limiting development and conserving natural land and open space. See http://en.wikipedia.org/wiki/Land_trustHowever, real estate investors use this term to refer to putting a piece of real estate into a trust, a common method for real estate investors who are working on distressed or pre-foreclosure properties. See http://en.wikipedia.org/wiki/Creative_Real_Estate_Investing#Land_trust
Are land trusts feasible for real estate investors working with distressed properties? The answer is it depends. The first issue... continue reading >>
Real Estate Law
Date: 01/24/2007 / Category: Business Strategies
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Current Grade A
Preview:
Okay, kids. A lot of you have been asking for some legal blogs. Since I'm not getting requests for specific topics, but rather more requests for general legal info, I'm going to start posting some typical questions I get and answers.
Here's the first one:
Q) I gave money on a contract, the house fell through for many reasons. Now the seller is refusing to release my deposit from escrow. The seller was made aware of all details of the complicated sale and was in agreement. Can I get my deposit back?
A) It sounds like you... continue reading >>
Business Plan? Who, me?
Preview:
Real estate investors often overlook the fact that they are also small business owners. As a small business owner, you need a plan. The term business plan can sound intimidating, but really it's not that big of a deal. Basically, you should write down the answers to the following questions:
1. What is the focus of your company? i.e., what kind of real estate investing do you want to do? There are a million ways to get involved, and everyone will tell you what the "right" thing to do is, but really... continue reading >>