Someone Discussed A New (To Me) Type Of Investment Monetized Installment Sale (M453) Transactions. They were formerly called “collateralized installment sale” or “C453” transactions. They are based on Section 453 of the IRS Code. A Person Has Property With A Low Basis If they sell, large capital gains. If they do a 1031 Exchange, they […]
Last Week Somebody Asked Me For Any Ideas On How To Grow A Property Management Company The answer I wrote might be of interest to other readers so it follows: Join Apartment Associations and attend their meetings. Get your CPM designation through NAR as soon as possible. Start on the courses so you can state […]
It is my pleasure and privilege to share Summer Goralik’s latest blog. Enjoy. The Re-Launch of the “Department of Real Estate” and De-Commissioning of Commissioner Wayne Bell
More Nar: Best story: A speaker was projecting a live example of a real estate agent rating site, “Incredible Agents.” He pulled up the listings of agents in the city in which he was speaking and started to read. A rating said, “This agent was the worst agent in the history of mankind. The only […]
Why Should You Consider Our LIVE Reviews? Because they are the best. Do not take our word for it. Here are the comments from just one class: “She was wonderful, answered all questions, gave great real life examples and gave great explanations.” “Great and knowledgeable Instructor.” “Great and awesome instructor.” “Instructor was great and very lively […]
Anyone Who Has Followed My Musings Knows That I Share Many Of Bob Hunt’s Articles We published a book together, “The Best of Bob Hunt”. In August we disagreed on an Ethics question. The next day I saw our disagreement published in his weekly column. Guess I have to start our talks with “Anything discussed […]
Why, You Ask? One Major Reason: Test grades: Three years ago, the passing rate for Broker’s exam was 39% Two years ago, the passing rate was 41% Fiscal year to date, the passing rate is 56% For the math majors this is an improvement of 44% DGE Guarantees That You Will Pass Or Your Fees […]
They Are Not All The Same Most people when they sign a listing to sell a home are signing a document called “Exclusive Authorization to Sell.” The agent has the only right to list the property and sell, of course with cooperation. If the owner or anyone else sells the property, the “E” agent has a […]
Dictionary Meaning: “A division of property among joint owners.” Practical meaning: “A divorce for business partners.” Recommendation: Pick a partner very, very carefully and when you write your necessary contract, write what happens when you don’t like each other anymore. As a court receiver years ago, I was up close and personal to several of […]
Hotels Are Looking For More Business And aggressively offering rooms to pet owners with slight or no service charge. Some even offering grooming service and cooking for pets. Landlords: Consider that according to the AVMA, a veterinary association, 36% of Americans have dogs and 30% have one cat or more. They need housing. You Say That They Will […]
