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4 Valuable Situations to Use a Power of Attorney For Real Estate

Realty Biz

This legal document enables someone to handle property matters on behalf of another person when the principal cannot manage real estate affairs or deal with transactions from a distance. In certain situations, a power of attorney for real estate becomes necessary. Home buyers can have an attorney do these tasks.

Principal 114
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Placemaker Real Estate and Inhabit Realty Group Acquire Fairway Apartments

Realty Biz

The property was acquired in an off-market transaction direct with the seller for $5 million. "We We are pleased to sponsor our latest acquisition in the Bloomington-Normal market," said Adriel Deller, Principal at Placemaker Real Estate. million loan from Morton Community Bank. The acquisition was funded by a $1.6

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How To Finance Turnkey Rental Properties?

Norada Real Estate

A Turnkey Rental Property is a piece of investment real estate (mostly a house or an apartment) that an investor can buy and rent in a short period. They usually buy them at REO auctions, renovate them and rent them out to the tenants, before putting the property on the market for sale. Fixed-rate mortgages.

Finance 90
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10 Sneaky Real Estate Scams + How to Protect Your Clients (& Yourself)

The Close

Here’s how it works: A scammer starts by hacking the email inbox of a principal party in a real estate transaction. Funds wired to nefarious accounts, especially in offshore and often unregulated banks, are incredibly difficult to recover and are often never seen again. Once the scammer senses that enthusiasm, they spring the trap.

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How To Make Money In Real Estate And Get Rich?

Marco Santarelli

Save up enough money for your next renovation or down payment. Then seek a mortgage to buy that next property and repeat the pattern. Don’t rush out to buy a bunch of properties. Nor can you afford to make a mistake with a property management company. Don’t try to fix and flip several properties at once.

Loans 144
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The Important Tax Benefits of Real Estate Investing

Marco Santarelli

If the property costs 130,000 dollars now but requires 20,000 in repairs, it probably isn’t worth it unless you’re going to sell it soon to capture the increased equity. However, property insurance will be tax-deductible, too. Property management fees are tax-deductible business expenses. Property taxes – $2000 a year.

Investor 110
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13 Tips For Buying a Rental Property in 2022

Norada Real Estate

You will be required to do a lot of work for managing the rental property as well as your tenants. Even if you hire property managers to help you manage your rental properties, you still have to manage them. Buying rental property is not for everyone. Consult Real Estate Finance Professionals.