Comments on: Real Estate Contract Fundamentals: Who Is The Buyer? http://realestate.bryanellis.com/136/real-estate-contract-fundamentals-part-1/ The Internet's Most Respected Real Estate Investing Newsletter Wed, 17 Mar 2010 03:37:40 +0000 http://wordpress.org/?v=2.6.1 By: Q http://realestate.bryanellis.com/136/real-estate-contract-fundamentals-part-1/#comment-12486 Q Fri, 12 Feb 2010 15:43:44 +0000 http://www.freerealestatetraining.com/?p=136#comment-12486 Hey Brian, I recently came across your site and I am intrigued by the content. I tried to access the downloads page, but it asks for a password that was supposed to be sent to me. I didn't see a "subscribe now" link for me to put in my email address. Can you please send an access password or a specific link for me to click to access that portion of your website. Thank you Q Hey Brian,

I recently came across your site and I am intrigued by the content. I tried to access the downloads page, but it asks for a password that was supposed to be sent to me. I didn’t see a “subscribe now” link for me to put in my email address. Can you please send an access password or a specific link for me to click to access that portion of your website.

Thank you

Q

]]> By: Chris http://realestate.bryanellis.com/136/real-estate-contract-fundamentals-part-1/#comment-4410 Chris Sat, 28 Feb 2009 17:17:02 +0000 http://www.freerealestatetraining.com/?p=136#comment-4410 Bryan is definitely not like the other "Gurus.” Always annoying when people do not want to read even the remedies that were posted. As for buyer/ownership in today's world, I feel it is a mistake to ever own or buy a piece of real estate in one's own name. It is too easy to be sued and lose everything this way and soon the so-called "tax advantage" is going away under the Obama administration. Therefore, there will no reason for anyone at any time to hold or buy in his or her own name. The best way is determined by your exit strategy and this is true even if it is your primary residence as someday it will not be where you are going to be for eternity. If you have the idea of rentals you will have active (hopefully) income, if you have the idea of flipping you will not have active income. If you are going to live in it, you do not have income, go figure. The only way I will ever hold property again is in an LLP or LLC with me as a minor stakeholder and a C-Corp as the managing holder. This keeps ownership and management separate, making it much harder to be sued. The other benefit is passing this on without probate or death taxes on the property. With a perpetual entity holding where you live, it does not die when you do. So maybe part of this is jumping the gun but this is how I see all real estate now. Chris B Bryan is definitely not like the other “Gurus.” Always annoying when people do not want to read even the remedies that were posted.

As for buyer/ownership in today’s world, I feel it is a mistake to ever own or buy a piece of real estate in one’s own name. It is too easy to be sued and lose everything this way and soon the so-called “tax advantage” is going away under the Obama administration.

Therefore, there will no reason for anyone at any time to hold or buy in his or her own name.

The best way is determined by your exit strategy and this is true even if it is your primary residence as someday it will not be where you are going to be for eternity.

If you have the idea of rentals you will have active (hopefully) income, if you have the idea of flipping you will not have active income. If you are going to live in it, you do not have income, go figure.

The only way I will ever hold property again is in an LLP or LLC with me as a minor stakeholder and a C-Corp as the managing holder. This keeps ownership and management separate, making it much harder to be sued.

The other benefit is passing this on without probate or death taxes on the property. With a perpetual entity holding where you live, it does not die when you do.

So maybe part of this is jumping the gun but this is how I see all real estate now.
Chris B

]]> By: Harry http://realestate.bryanellis.com/136/real-estate-contract-fundamentals-part-1/#comment-2841 Harry Wed, 05 Nov 2008 14:32:00 +0000 http://www.freerealestatetraining.com/?p=136#comment-2841 Well Bryan, I have tried three (3) times and still did not receive a password to get in. I guess like most other so called GURU's your sight is just BS too! Believe me I won't try again! <strong>You know Harry, you should learn to read. You subscribed to my list back on October 7, and on that day at 9:36 AM you were sent the email which contains the password. Furthermore, at 9:53 AM, you opened that email. Are you unable to read simple English? It's right there in black and white. So as it turns out, my site is not "BS", you are just incapable of following instructions. I wouldn't normally respond quite so strongly like this, but to be accused of being like the "gurus" simply because you can't follow simple directions is not something I am willing to accept. -- <a href="http://realestate.BryanEllis.com" title="Bryan Ellis" rel="nofollow">Bryan Ellis</a></strong> Well Bryan, I have tried three (3) times and still did not receive a password to get in. I guess like most other so called GURU’s your sight is just BS too!

Believe me I won’t try again!

You know Harry, you should learn to read. You subscribed to my list back on October 7, and on that day at 9:36 AM you were sent the email which contains the password. Furthermore, at 9:53 AM, you opened that email. Are you unable to read simple English? It’s right there in black and white. So as it turns out, my site is not “BS”, you are just incapable of following instructions. I wouldn’t normally respond quite so strongly like this, but to be accused of being like the “gurus” simply because you can’t follow simple directions is not something I am willing to accept. — Bryan Ellis

]]> By: jp moses | REI Tips http://realestate.bryanellis.com/136/real-estate-contract-fundamentals-part-1/#comment-1017 jp moses | REI Tips Thu, 17 Jul 2008 20:20:25 +0000 http://www.freerealestatetraining.com/?p=136#comment-1017 David's right on in reminding that the name/entity you elect to buy in greatly depends on your exit strategy. Also your tolerance for risk. Thanks for the article, Bryan! ...jp David’s right on in reminding that the name/entity you elect to buy in greatly depends on your exit strategy. Also your tolerance for risk.

Thanks for the article, Bryan!

…jp

]]> By: Rachel http://realestate.bryanellis.com/136/real-estate-contract-fundamentals-part-1/#comment-982 Rachel Wed, 16 Jul 2008 20:31:57 +0000 http://www.freerealestatetraining.com/?p=136#comment-982 Bryan, thanks for the great info as usual. A while back you had some info on earning money on your web site with ads etc. I had intended to go back to it when I had more time to implement the strategies but now I can't find it. can you send it to me again? Thanks Rachel Bryan,
thanks for the great info as usual. A while back you had some info on earning money on your web site with ads etc. I had intended to go back to it when I had more time to implement the strategies but now I can’t find it. can you send it to me again?
Thanks
Rachel

]]> By: David Meier http://realestate.bryanellis.com/136/real-estate-contract-fundamentals-part-1/#comment-976 David Meier Wed, 16 Jul 2008 12:34:14 +0000 http://www.freerealestatetraining.com/?p=136#comment-976 I'd like to point out that one factor of identifying the buyer may be your end game or exit strategy for the property being purchased. How long you plan on holding the property, whether you plan to rent it out, or whether plan to sell it immediately may have an effect on whether to purchase using a corporation, LLC, or Trust. Consulting an attorney and tax advisor is advice well given. I’d like to point out that one factor of identifying the buyer may be your end game or exit strategy for the property being purchased. How long you plan on holding the property, whether you plan to rent it out, or whether plan to sell it immediately may have an effect on whether to purchase using a corporation, LLC, or Trust. Consulting an attorney and tax advisor is advice well given.

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