By Matthew Martinez
Quit your day job!
Make 1000000 in actual estate!
It's more straightforward than you think!
A few years in the past, Matthew Martinez was once much such as you - he labored challenging to make as substantial a wage as he may possibly. however it wasn't sufficient. He labored via the clock, and yearned to be his personal boss. With a small volume of mark downs, he received his first condominium estate. years later, he was once making extra from his leases than he used to be operating nine to five, so he hand over his day activity to supervise his actual property investments. at the present time, he enjoys a multi-million-dollar number of income-producing properties—and he's able to proportion his money-making techniques so that you can commence your personal trip to profession and monetary independence.
Two Years to 1000000 in actual Estate exhibits you every thing you want to understand, together with how to
Invest small quantities early-on whereas operating a full-time job
Avoid genuine property "bubble" risks
Get others to pay your personal loan for you
Pick a sizzling estate (and spot others that may develop into hot)
Simplify the ins-and-outs of financing
Negotiate like a pro
Screen for trustworthy tenants
Understand how neighborhood tenant legislation work
Hire sturdy humans to regulate your properties
Know whilst to promote
Read or Download 2 Years to a Million in Real Estate PDF
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Additional info for 2 Years to a Million in Real Estate
The transactions subject to review and approval include the transfer of assets when the business volume of the target company and the purchaser, on an annual basis, exceeds ARS 200 million in aggregate (approximately USD 68 million). However, certain exceptions apply. The transactions subject to review will only be recognized as valid transactions among the parties and vis-a-vis third parties upon their review and approval by the Antitrust Authority. Notice of any of the transactions subject to prior review and approval must be filed with the Antitrust Authority (i) prior to consummation of the transaction; or (ii) within “one week” from the earlier of the execution of the respective agreement, the publication of a tender offer or exchange offer, or the actual acquisition of a controlling interest.
Parties are able to contractually agree to the sale of the relevant business and provide separately for the actual mechanics of the transfer, but the agreement on sale must be sufficiently clear and certain to allow a court to objectively determine what the transfer process ought to be. If desired, one can draft a master agreement regarding the sale/purchase and separate local agreements regarding the transfer of particular individual or groups of assets (including those in different jurisdictions).
The key considerations for the parties are briefly set out below (and described in more detail later in this chapter). Stamp Duty In some jurisdictions of Australia there is stamp duty on the sale of unquoted securities (New South Wales, South Australia and the Australian Capital Territory). The duty has been abolished in all other jurisdictions. In all jurisdictions there is (a) land rich duty payable on the transfer of 50% or more of the shares in a company whose land assets exceed a threshold percentage of total assets (except in Western Australia where a 90% level applies), and (b) stamp duty on the sale of certain assets.
2 Years to a Million in Real Estate by Matthew Martinez