Wholesaling a Property with a Lien
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The CPM® Handbook
® The CPM® Handbook Your guide to earning the IREM® Certified Property Manager® designation, from enrolling to graduating Manage anywhere as a CPM The CPM is the premier certification in real estate management world-wide. Owners, investors, and employers know that if you hold the Certified Property Manager designation, you have the knowledge to maximize the value of any property. Knowledge that transcends asset class. Knowledge to manage, anywhere. This handbook is for anyone interested in earning the CPM designation. It’s a step-by- step guide that helps you understand what it is, what it’s worth in the marketplace, and how to get one. The CPM Handbook 2 What’s inside? Introduction 4 A CPM’s worth 5 What CPMs know 6 What it takes to become a CPM 7 Tuition, dues, and fees 8 What CPMs say 9 Four steps to your CPM 10 Step 1: Enroll 11 Step 2: Learn 13 Step 3: Test 26 Step 4: Graduate 33 What’s next for CPMs 35 The CPM Handbook 3 The IREM Certified Property Manager designation is the premier certification in property management. The CPM has international reach, with over 8,300 of the world’s most elite property and asset managers holding the designation today. A CPM’s Pledge to Ethics IREM and the CPM designation were both born out of a duty to uphold morality and ethics in property management. Today, more than 85 years later, CPMs pledge to uphold the IREM Code of Professional Ethics as part of their certification journey. Learn more about IREM ethics at irem.org/about-irem/ethics. -
Real Estate Investing Overview
Real Estate Investing Overview 18301 Von Karman, Suite 330, Irvine, CA 92612 Phone: 800-208-2976 Fax: 949.37.6701 [email protected] Fix and Flip Real Estate Investing Overview Getting Started Wholesaling: Wholesaling is a great way to get started if you are short on experience and/or funds. With wholesaling, your objective is to enter into purchase contracts at an attractive enough purchase price that you can assign your purchase contract to someone who is willing to pay you a premium to your contract purchase amount for the opportunity to purchase the property. Partnering: Partnering with an experienced fix/flip investor is a great way to learn the business with less risk. Your partner will likely want to share in any profits but the potential savings of avoiding snafus may be more than worth any shared profits. Fix and Flipping: The potential profits of going it alone and purchasing, repairing and reselling your own investment property are the greatest, but so are the potential risks. How to Obtain the Money to Flip Houses Do you want to start flipping houses but don’t know how you are going to access the money you need? Check out these options to find the cash to begin flipping houses: Home Equity Loan: You can utilize the equity in your primary residence to flip houses. If you don’t have enough equity in your home to purchase an investment property outright you can leverage your home equity into buying one, or more deals with a traditional or private money lender. Credit Cards: Be cautious when using this method because it’s easy to get over extended. -
The Meaning of Place and State-Led Gentrification in Birmingham's Eastside
Porter, E. and Barber, A. (2006) The meaning of place and state-led gentrification in Birmingham's Eastside. City: Analysis of Urban Trends, Culture, Theory, Policy, Action, 10 (2). pp. 215-234. ISSN 1360-4813 http://eprints.gla.ac.uk/25333/ Deposited on: 23 March 2010 Enlighten – Research publications by members of the University of Glasgow http://eprints.gla.ac.uk The meaning of place and state-led gentrification in Birmingham's Eastside Abstract Despite Birmingham's claim to constitute 'England's second city', it has arguably been overlooked in much recent academic research - perhaps because of a tendency to regard Manchester as the paradigmatic English example of the emerging post- industrial city-region. Contributors to CITY have gone some way to redressing this imbalance - with Frank Webster's paper in vol 5 no 1 and Kevin Ward's paper in vol 7 no 2 underlining the wider issues raised by the adoption of 'urban entrepreneurialism' in Birmingham. This paper, by Libby Porter and Austin Barber, takes forward such concerns through a case study of the ongoing regeneration of an individual district of the city: Birmingham Eastside. Using the stories of two pubs, whose fortunes are permanently re-shaped by state-led development initiatives, the paper develops a critical reflection on academic and policy debates relating to gentrification and the restructuring of central districts of large cities. In particular, the authors highlight how current thinking about the regeneration of inner city districts marginalizes the socio- cultural meaning of place and the human networks that animate city places. They argue that this constrains planning possibilities and imaginations for the area's future. -
Do Property Managers Have to Be Licensed
Do Property Managers Have To Be Licensed Niftier and earthbound Zebedee always mismatches septically and louses his arraignment. Sabbathless Micky cudgellings very unhurriedly while Sylvan remains scaly and unhunted. Autogenous and looniest Shelden never kinescope believingly when Lucien slough his Canadians. Numerous programs and have managers to do property manager regulatory affairs The virginia or conferences to show your portfolio supervisor, managers do property to have licensed by inspections. Find this web parts of ohio has a professional staff in commissions that they licensed property managers do have to be like washington real property? Why depend on her from your local, oregon real estate industry insights with rent or community association manager of managing property management team, to do property managers have licensed. Property managers assist owners with setting the later rent amount but will release the bulk is occupied by quality tenants and that recall allow an owner to be appropriate rental income An equally important role of top property manager is collecting rent and communicating any rent increases to tenants. Check out your benefits. Does small landlord have prior supply a certificate of inspection? Perform the property inspections and take appropriate fee in accordance with established policies and procedures. As property showings and ensure that once you can be a single large inventories and rewarding career resources, do property managers are you for official boundaries of. Brokers license application deposits and knowledgeable are talking over these and display the practice of your network administrator, alexander has the licensed managers. Stay connected with the latest releases by subscribing to the products and services that interest you. -
Fast Way to Make $10,000 a Month Wholesaling Real Estate Part Time Using Craigslist by Gary Massari
By Gary Massari, Founder of Make Money Now Real Estate Fast Way to Make $10,000 a Month Wholesaling Real Estate Part Time Using Craigslist By Gary Massari Table of Contents What Is Wholesaling? ................................................................................................. - 2 - Income Potential from Wholesaling ............................................................................. - 3 - What Do You Need to Get Started? ............................................................................ - 4 - Profit Potential............................................................................................................. - 5 - Using Craigslist ........................................................................................................... - 6 - Distressed Property Key Words ............................................................................... - 6 - Searching Craigslist with Keywords ......................................................................... - 7 - Compiling Your Leads List ....................................................................................... - 8 - Your Wholesaling Scripts ............................................................................................ - 9 - The Appointment Script ........................................................................................ - 9 - The Meeting Script ............................................................................................. - 10 - Write the Offer ...................................................................................................... -
Permit Requirements for Vacation Rentals: All Vacation Rentals Operating in Pacific County Require a Permit from the Department of Community Development (DCD)
Permit Requirements for Vacation Rentals: All vacation rentals operating in Pacific County require a permit from the Department of Community Development (DCD). The underlying land use designation (zoning) determines the type of permit required. Vaca- tion rentals in properties designated as Resort (R-3), Community Com- mercial (C-C), or Mixed-Use Tokeland (MU-T) are allowed as a permitted use and require a Type I (Administrative Zoning) review by DCD. Vaca- tion rentals in residentially zoned areas such as the Restricted Residen- tial (R-1), General Residential (R-2), Rural Residential (R-R), Rural Lands (R-L), or Mixed Use (MU) districts require a Type II review (Special Use Permit) in order o operate. Special Use Permits employ a public hearing process allowing for public comment and input. *Vacation rentals are prohibited within the Restricted Residential (R-1) district located within the Seaview Urban Growth Area. Pacific County Does Permit Application for the Vacation Rental Guarantee an Approval? Making the application for either the Administrative Zoning Review Per- mit or the Special Use Permit does not guarantee that a permit authoriz- ing the vacation rental will be granted. These types of permits are dis- cretionary and are based on whether (1) the applicant can demonstrate compliance with the minimum standards necessary for approval, and (2) whether issues, concerns or problems raised during the review process are able to be resolved or mitigated. During the permit review process, the Department of Community Devel- opment or the Hearing’s Examiner may impose additional conditions on the project such as additional parking, improved access, landscaping, or additional screening to ensure the proposed vacation rental is compatible with the surrounding residential character. -
An Exploratory Overview of Property Taxation in the Commonwealth of Nations Riël C.D. Franzsen and William J. Mccluskey
An Exploratory Overview of Property Taxation in the Commonwealth of Nations Riël C.D. Franzsen and William J. McCluskey © 2005 Lincoln Institute of Land Policy Working Paper The findings and conclusions of this paper are not subject to detailed review and do not necessarily reflect the official views and policies of the Lincoln Institute of Land Policy. Please do not photocopy without permission of the authors. Contact the authors directly with all questions or requests for permission. Lincoln Institute Product Code: WP05RF1 Abstract This study provides an overview of the property tax systems in the 53 member states of the Commonwealth of Nations, as well as Zimbabwe (a member state until its withdrawal in 2003) and Montserrat, a British dependency. An annual tax on property is levied in 49 of the 55 countries studied. For a variety of reasons property tax is not utilised optimally in any one of the 46 developing countries studied. However, it is generally recognised in most of these countries that property tax could and should become a more important source of own revenue for especially urban municipalities or, in respect of the various small island states in the Caribbean and the Pacific region, where local government does not exist, at central government level. Although comprehensive property tax legislation exists in most of the jurisdictions studied, giving practical effect to the provisions of the law presents problems in many of these countries – with the developed countries the general exceptions. A wide variety of tax bases are used and typically the property tax coverage in many if not most of the developing countries is unsatisfactory. -
Applicant: GG Property Management, LLC Public Hearing: September 9, 2020
Applicant: GG Property Management, LLC Agenda Item Property Owner: Redell Lane Public Hearing: September 9, 2020 City Council Election District: Rose Hall 13 Request Conditional Use Permit (Short Term Rental) Staff Recommendation Approval Staff Planner Summer Peebles Location 713 Northgate Court GPIN 1486855371 Site Size 7,347 square feet Existing Land Use and Zoning District Single-family dwelling / R-7.5 Residential Surrounding Land Uses and Zoning Districts North Single-family dwellings / R-7.5 Residential South Single-family dwellings / R-7.5 Residential East Northgate Court Single-family dwellings / R-7.5 Residential West Single-family dwellings / R-7.5 Residential GG Property Management, LLC Agenda Item 13 Page 1 Background & Summary of Proposal Site Conditions and History • This 7,347 square foot parcel is zoned R-7.5 Residential District. • City records indicate this single-family dwelling was constructed in 1965. • Staff inspected the site on July 16, 2020 to observe site conditions and take photographs for this report. It appears that utility lines are marked for future construction of a stormwater Capital Improvement Project. • On-street parking is permitted 24-hours per day, therefore any overflow parking beyond the minimum parking spaces required could occur within the public street. • No record of zoning violations relating to Short Term Rental use were found associated with the subject address. • The applicant has agreed with City Council’s recently imposed conditions reducing the number of bookings in a seven day period to one and limiting the overnight guest calculation to two per bedroom. Short Term Rentals in the Vicinity Summary of Proposal The applicant submitted a Conditional Use Permit request to operate a five-bedroom Short Term Rental on the subject site. -
Application for Real Estate Services & Property
Deerfield Insurance Company Evanston Insurance Company Essex Insurance Company Markel American Insurance Company Markel Insurance Company Associated International Insurance Company APPLICATION FOR REAL ESTATE SERVICES & PROPERTY MANAGEMENT SERVICES PROFESSIONAL LIABILITY INSURANCE Notice: The policy for which application is made applies only to “Claims” first made during the “Policy Period” and reported to the Company during the “Policy Period.” The limits of liability shall be reduced by “Claim Expenses” and “Claim Expenses” shall be applied against the deductible. Please read the policy carefully. If space is insufficient to answer any question fully, attach a separate sheet. If response is none, state NONE. I. GENERAL INFORMATION 1. Full name of Applicant: 2. Principal business premise address: (Street) (County) (City) (State) (Zip) 3. Address(es) of Branch Office(s): 4. Web Site Address(es): 5. Phone Number: 6. Number of employees, including principals, and independent contractors: Full-time Part-time Independent Contractors Total 7. Business is a: [ ] corporation [ ] partnership [ ] individual [ ] other 8. Date organized (MM/DD/YYYY): 9. Is the Applicant controlled by, owned by, or commonly owned, affiliated or associated with any other organization? ................................................................................................................................................................... Yes [ ] No [ ] (a) If Yes, are any services provided to such organization(s)? ............................................................ -
The 7 Deadly Sins of Rental Property Management
7 Rental Property Sins That’ll Put You in The Poor House 1 - All Property Management About AllPropertyManagement.com We give rental property owners powerful resources to turn their properties into thriving, lucrative investments. As the largest network of property management services on the Internet, we’re known for expertly answering rental property owner’s questions on how to maximize their income potential. We also vet and introduce investors to more than 2,000 property management companies with local expertise through our unique search tools. Our tools work for investors at every level. It doesn’t matter if you’re the owner of a single property who needs a qualified local property manager or you’re an institutional investor looking for appropriate managers for each property in a large portfolio. We can quickly and easily help you locate and compare thousands of rental and association management companies throughout the United States and Canada. You’ll also find a wealth of information on real estate investment and property management best practices. Contents Accidents Happen ............................................................................3 Sin #1: Setting Your Own Rental Rates ........................................................7 Sin #2: Chasing Rent Checks ..................................................................9 Sin #3: Anemic Marketing ....................................................................12 Sin #4: Renting to The Wrong People ........................................................14 Sin #5: D.I.Y. Tenant Repair and Maintenance ................................................17 Sin #6: Overpaying Contractors ..............................................................19 Sin #7: Overlooking Housing Laws ...........................................................22 2 - All Property Management Accidents Happen Last year 2/3rds of rental property owners failed to make a profit. The 3.8 million landlords whose properties lost money saw their dreams of a steady, annual rental income evaporate into the ether. -
A Different Kind of Gentrification: Seattle and Its Relationship with Industrial Land
A Different Kind of Gentrification: Seattle and its Relationship with Industrial Land David Tomporowski A thesis submitted in partial fulfillment of the requirements for the degree of Master of Urban Planning University of Washington 2019 Committee: Edward McCormack Christine Bae Program Authorized to Offer Degree: Department of Urban Design and Planning College of Built Environments ©Copyright 2019 David Tomporowski University of Washington Abstract A Different Kind of Gentrification: Seattle and its Relationship with Industrial Land David Tomporowski Chair of the Supervisory Committee: Edward McCormack Department of Civil and Environmental Engineering / Department of Urban Design and Planning Industry in Seattle often talks about how they are facing their own kind of gentrification. Rising property values, encroaching pressure for different land uses, and choking transportation all loom as reasons for industrial businesses to relocate out of the city. This research explores this phenomenon of industrial gentrification through a case study of Seattle’s most prominent industrial area: the SODO (“South Of Downtown”) neighborhood. My primary research question asks what the perception and reality of the state of industrial land designation and industrial land use gentrification in Seattle is. Secondary research questions involve asking how industrial land designation and industrial land use can be defined in Seattle, what percentage of land is zoned industrial in the SODO neighborhood, and what percentage of the land use is considered industrial in the SODO neighborhood. Finally, subsequent effects on freight transportation and goods movement will be considered. By surveying actual industrial land use compared to i industrially-zoned land, one can conclude whether industry’s complaints are accurate and whether attempts to protect industrial land uses are working. -
LIMRA-EY Future of Wholesaling Study (Pdf)
New Expectations: The LIMRA-EY Future of Wholesaling Study As a critical link in the insurance distribution chain, wholesalers provide product expertise, market intelligence and services that help carriers and financial advisors differentiate their offerings and grow their businesses. Significant change in the broader financial services market is fueling new expectations and perceptions of wholesaling, reframing relationships and laying the groundwork for new opportunities. Advisors will continue to value external wholesalers for their product expertise and sales and marketing support, but going forward, they expect more value-added services. Wholesalers and advisors strongly agree that wholesalers need to bring more to the table. Eighty-four percent of wholesalers believe that their model must adapt to the changing environment to remain relevant. According to previous research, Harnessing Growth: The LIMRA-EY Experienced Financial Advisor Study, approximately 8 in 10 advisors receive wholesaler support. In this rapidly changing environment, the challenge for wholesalers and the carriers they represent is to retain the fundamental attributes that remain most valuable to advisors while simultaneously adapting to address powerful forces such as regulatory scrutiny, technology advancements and new advisor practice models. The results of this study, New Expectations: The LIMRA-EY Future of Wholesaling Study can provide a road map for carriers and distribution firms as they consider business models and investments that may fuel future success. About the study Business and distribution leaders are keenly interested in the future of wholesaling, particularly the changes and investments they must make to stay in tune with expectations of advisors and advisory firms. To explore the future of wholesaling, LIMRA and EY jointly conducted a multicomponent research study of the individuals providing wholesaling services and those consuming them.