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Passive Cash Flow Podcast Ep #114 | Everything to Know About LOI in Real Estate
Manage episode 352233696 series 3436050
Aaron Fragnito에서 제공하는 콘텐츠입니다. 에피소드, 그래픽, 팟캐스트 설명을 포함한 모든 팟캐스트 콘텐츠는 Aaron Fragnito 또는 해당 팟캐스트 플랫폼 파트너가 직접 업로드하고 제공합니다. 누군가가 귀하의 허락 없이 귀하의 저작물을 사용하고 있다고 생각되는 경우 여기에 설명된 절차를 따르실 수 있습니다 https://ko.player.fm/legal.
A Letter of Intent is a document used in commercial real estate to state the intentions between a buyer and seller and to guide the attornies in drafting the purchase contract. The LOI is normally drafted by the real estate broker but can also be completed by the buyer. An LOI is an extremely important document that is not legally binding but does bind the parties in some ways. It is vital to understand how to utilize and present a strong LOI so your offer is accepted in commercial real estate. Whether you are an active investor or a passive investor, understanding the importance of an LOI is key to visualizing how a commercial real estate transaction is successfully completed.
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00:00 Intro
01:39 Everything to Know About LOI in Real Estate
05:48 Due Diligence
09:34 Breakdown for LOI in Real Estate
13:47 Tips for writing a Real Estate letter of intent
15:33 The legal implications of LOI in real estate
19:57 Learn more at peoplescapitalgroup.com
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This is not a solicitation for funds, tax advice, or legal advice. This is not intended to be, and must not be construed to be in any form or manner a solicitation of investment funds or a securities offering. Peoples Capital Group LLC is NOT a United States Securities Dealer or Broker nor U. S. Investment Adviser is a Consultant/service provider and makes no warranties or representations as to the listener or viewer. All due diligence is the responsibility of the investor.
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