Archive | July, 2009

No Second Chances?

Here’s a comment I got from a reader today: Hi Susan, you are an outstanding professional that mean well and helping others is in your personality, your impacable reputation is priceless. But, before you start recommending others please check em out first, so that people don’t associate you with poeple that have questionable credibity, please [...]

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Master Lease Option Letter of Intent

I love Master Lease Options! They’re essentially sandwich lease options on commercial, income producing properties such as apartment buildings. When you have found a deal you want to make the next move on (as in due diligence) here’s a sample letter of intent or LOI that you can use to make your “pre-offer.” FREE MLO [...]

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7 Day Short Sale Approval?

I have to admit that I am not a fan of short sale investing. It takes so long it’s almost worse than getting a loan approved. But after reading this article in the Washington Post, I  could change my mind… Already, Bank of America, the country’s largest mortgage lender, has seen completed short sales jump [...]

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Flip Hop?

So, according to Forbes even the rappers have become (or tried to become) flippers. 50 Cent overimproved a house he bought from Mike Tyson for $4.7MM adding a shoe room, ATV track and entertainment system programmed with 3,000 movies. Was on the market for $18.5MM for two years and still hasn’t sold. Hmmm, wonder why. [...]

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Land Trust Agreement

Here’s a sample Land Trust Agreement for you! In a land trust, the trustee holds legal title to all trust property and the beneficiary is usually your LLC. They’re cool because the beneficiaries retain use of the property and any income it generates. In addition, the trustee can act only when it receives written instructions [...]

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