by Jean Norton | Oct 29, 2009 | real estate
We just learned about a new asset protection strategy called a Series LLC. The jury is still out whether to have multiple LLC’s to hold your properties or to make use of this Series LLC.The Series LLC allows you to hold all your properties in one entity so you...
by Jean Norton | Oct 29, 2009 | real estate
Our property on Challen seasoned on Monday (we owned it more than 90 days) and the FHA offers started pouring in. We have offers from the asking price to $25,000 above the asking price! Our first thought was to take the highest offer. However, being the sea urchins...
by Jean Norton | Oct 20, 2009 | real estate
Did you know that there are a lot of houses in San Bernardino County that have their own septic tank? I had no idea until I heard of a fellow investor that purchased, rehabbed, and tried to sell a property in Rialto at a nice little profit. However the appraiser...
by Jean Norton | Oct 20, 2009 | real estate
Last week was filled with real life lessons in Real Estate. Our “too good to be true” cash buyer backed out, leaving us shocked and even hurt – but one thing to remember – this IS a business. There are people out there that have a lot more...
by Jean Norton | Oct 7, 2009 | real estate
*Owner Finance as an Exit Strategy* Owner Financing, if you remember, is a pretty neat strategy. In forming our owner finance deal, we raised our price, and structured a possible note with 20% down and a variable interest rate depending on the applicant. If you...
