Unlock Your Potential: The Inspiring Art of the Property Flip A Report from the Philosophy of Brian Gibbons, www.REISkills.com The world of real estate investing is not just about bricks and mortar; it’s about vision, strategy, and the transformative power of a deal. The concept of “flipping” properties is often misunderstood, but when approached with skill […]
How do you get involved with retailing or rehabbing a house that needs work, especially if you haven’t done it before? Well first thing you need to do before you buy a rehab property is to find a good Builder that enjoys doing rehab work. Once you find a good builder then you can research […]
Dealing with contractors and paperwork Everything needs to be in writing. It’s important to have good forms when you’re dealing with contractors. Most are honest and they will work hard. There are things that are unexpected that happen. Many contractors go week to week with cash flow. Really good communication and good paperwork that explains how […]
What is a Land Trust? Land trust is a title holding trust. It is revocable or changeable. There is a grantor, a beneficiary, and a trustee. The benefits of a land trust are: Land Trusts can offer the following benefits: keep things private, avoid probate court, keep the purchase price secret, keep the sales price […]
Why Land Trusts? Why Land Trust? The Land Trust is a device for holding and conveying title to real estate which is more desirable and advantageous than some of the more familiar forms of real estate ownership. Under a Land Trust agreement, title to real estate is held by the Trustee. However, the use and […]
So what is with a subject to contract always? Well one of the things that we got all the time is paperwork to transfer the property into a Land Trust. Land Trust help subject to Deals and help many other types of deals like seller financing and land contracts protect the seller and protect the […]
Operating Land Trusts Here’s some pointers: You can operate a Land Trust on a kitchen table without lawyers. It’s always good to have witnesses and notaries present when you are transferring property in and out of Land Trusts. Land Trust have great flexibility in buying and selling interest and property. For a list of benefits […]
Homeowner and training is a saying for rent to own tenants, as they are preparing get a mortgage, There are three hurdles: DTI which is that to income ratio of 43% Down payment Credit rating To be able to qualify for a mortgage, these hurdles are important to understand. A good resource is at the consumerfinance.gov […]
An option to purchase contract means that you have a right to buy the property anytime during a. Of time for a certain amount of money. This right cannot be taken away from you. Generally you can sell this right by assigning the option, unless it has stated that you cannot assign the contract. So […]